According to the latest directive from the Central Bank of Nigeria (CBN) effective March 1, 2025, bank customers will no ...

The Central Bank of Nigeria on Monday, 10 February 2025, announced fresh guidelines for the use of Automated Teller Machines, ...

The Central Bank of Nigeria (CBN) has announced a review of transaction fees for automated teller machines (ATMs) across the ...

Some bank customers have kicked against the decision of the Central Bank of Nigeria to scrap the free withdrawals on other banks’ Automated Teller Machines and the introduction of N100 for withdrawals ...

The Automated Teller Machine (ATM) market is thriving, with trends such as cash withdrawal, fund transfer, and deposit services driving growth. Technology advancements like biometric ...

The Central Bank of Nigeria (CBN) has announced a revised framework for Automated Teller Machine (ATM) transaction fees, eliminating free interbank withdrawals and introducing charges of up to N600 ...

CBN has eliminated the three free monthly withdrawals previously granted to customers using other banks’ automated teller machines ...

The apex bank said customers withdrawing from the ATM of other banks would now be charged ₦100 per every ₦20,000.

Customers using another bank’s ATM will be charged N100 per N20,000 withdrawal - if the ATM is located within bank premises ...