Regulatory Alerts2009-06-30 | BOD/DIR/GEN/SMP/03/025Added · Updated
Deployment of DMBs' Offsite ATMs and Establishment of ATM Consortium
The Central Bank of Nigeria has noted a lack of effort by Deposit Money Banks in complying with its directive to establish two ATM consortia for offsite ATMs. To address this, the bank will advertise procedures for registering and establishing these consortia in national newspapers. It has also extended the deadline for removing banks' ATMs from public places by two months, from June 30th to August 31st.
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