The CBN has been requested by the House of Representatives to halt the rise in transaction fees for ATMsThis followed the CBN ...

Economist Dr. Augustine Kutu has advised the Central Bank of Nigeria (CBN) and policymakers to address the concerns of Nigerians ...

The House of Representatives has asked the CBN to immediately suspend its new policy prescribing an increase in ATM withdrawal charges ...

Members of the House of Representatives have called on the Central Bank of Nigeria (CBN) to suspend increase in Automated ...

The House of Representatives has demanded the immediate suspension of increase in ATM transaction charges and stoppage of ...

A FinTech Executive and Techpreneur, Tope Dare, has warned that the Central Bank of Nigeria’s revised ATM withdrawal fees, set to take effect on March 1, 2025, will hurt low-income Nigerians ...

The House of Representatives has asked the Central Bank of Nigeria (CBN) to immediately suspend the increase of Automated ...

Banks are loading their ATMs with cash as they commenced charging N100 for transactions on March 1. The Central Bank released the revised ATM transaction fees in a circular dated February 10, 2025.

CBN. It said the apex bank prescription of an increase in ATM withdrawal charges and a discontinuation of the free ATM withdrawals for customers using other banks’ ATMs has imposed additional ...

The lawmakers noted that additional ATM withdrawal charges would further limit the financial inclusion of Nigerians by discouraging low-income earners from accessing banking services. The House of ...