The Central Bank of Nigeria, CBN, has announced new charges for the use of Automated Teller Machines, ATMs. This was revealed ...
The CBN has revised ATM transaction fees, introducing a N100 charge for withdrawals at on-site ATMs, effective March 1, 2025.
The Central Bank of Nigeria (CBN), on Tuesday, February 11, 2025, announced a review of transaction fees for automated teller ...
However, customers withdrawing from ATMs located at bank branches will now be charged ₦100 per ₦20,000 withdrawn.
The Central Bank of Nigeria (CBN) has revealed new transaction fees for Automated Teller Machines (ATMs), set to take effect on March 1, 2025.
“Each bank was fined N150m for non-compliance, in line with the CBN’s cash distribution guidelines, following spot checks on their branches. The enforcement action follows repeated warnings ...