CBN to set fresh regulations for ATM, Debit card
[NigerianEye - Nigeria] - 25/01/2026
The Central Bank of Nigeria (CBN) has announced plans to introduce a new regulatory framework aimed at easing debit card issuance and Automated Teller Machine operations across the country’s banking sector.CBN Governor, Olayemi Cardoso, through his Special Adviser, Fatai Karim, made this announcement at an event at the weekend.He said the move was part of efforts to tackle persistent cash access challenges and restore public confidence in electronic payment systems.According to the apex bank, the proposed policy will align the number of debit cards issued by banks with their deployed ATM (…)
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