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Just in: CBN Introduces New ATM Transaction Fees Effective March 1

"The move aims to address rising operational costs and enhance efficiency in the banking sector"

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The Central Bank of Nigeria (CBN) has announced a review of transaction fees for automated teller machines (ATMs), with revised charges set to take effect from March 1.

According to a circular signed by Mr. John Onojah, Acting Director of the Financial Policy and Regulation Department, the move aims to address rising operational costs and enhance efficiency in the banking sector.

Details shortly…

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See also  Breaking: CBN Lifts Cash Deposit Limit, Raises Withdrawal Ceiling to N500,000

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