CBN mandates one ATM per 7,500 payment cards by 2028

The Central Bank of Nigeria (CBN) has directed banks and other card issuers to expand the deployment of Automated Teller Machines (ATMs) across the country, mandating a minimum ratio of one ATM for every 7,500 payment cards issued by 2028. According to the Guidelines on the Operations of Automated Teller Machines (ATMs) in Nigeria issued by the apex bank, […]
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