This comes as the apex bank slammed Nigerian banks against limiting ATM withdrawals below N20,000 per transaction. This is according to a Frequently Asked Questions document released by CBN on its ...

The apex bank disclosed this in a ‘Question and Answer’ explainer released on Thursday in reaction to its recent review of ATM withdrawal fees. It stressed that ATM charges for withdrawals ...

The Central Bank of Nigeria (CBN) has issued a clarification on the newly revised N100 charge for withdrawals at Automated Teller Machines (ATMs) belonging to other banks, commonly referred to as “Not ...

The Central Bank of Nigeria, CBN, has issued a warning to banks imposing limits on ATM withdrawals, stating that any institution restricting customers to less than N20,000 per transaction ...

Under the revised fee structure, withdrawals from one’s bank ATMs will remain free of charge. However, customers using ATMs of other banks will be subjected to a charge of N100 per withdrawal of ...

The Central Bank of Nigeria, CBN, has threatened to sanction banks that limit Automated Teller Machines (ATM) withdrawal to less than N20,000 per transaction. The apex bank disclosed this in ...

The Central Bank of Nigeria, CBN, has threatened to sanction banks that limit Automated Teller Machines (ATM) withdrawal to less than N20,000 per transaction. The apex bank disclosed this in a ...

The Central Bank of Nigeria (CBN) has announced readiness to sanction banks that force customers to withdraw less than N20,000 per transaction from Automated Teller Machines (ATMs). This was disclosed ...

The Central Bank of Nigeria (CBN) has increased the withdrawal limits on ATMs from N5,000 to N20,000 per transaction The development came after introducing a N100 per N20,000 withdrawal on other banks ...