Business CBN Fines 12 Banks N499b by Damilare Salami October 3, 2019 by Damilare Salami October 3, 2019 1 minutes read The Central Bank of Nigeria (CBN) says 12 banks have been fined N499 billion for failing to give out 60% of their deposits as loans. The cash reserve of the … 0 FacebookTwitterPinterestEmail