Top 5 Stories Of The Day | INEC to Begin Continuous Voter Registration August 18

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. CBN reveals that ATM withdrawals under ₦20,000 will attract ₦100 fee The Central Bank of Nigeria (CBN) has revealed that individuals withdrawing less than ₦20,000 from another bank’s Automated Teller Machine (ATM) will be charged... Read More

ATM charges, Business, Canada visa, CBN, economy, information, News, VDM

October 17, 2018

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Senate directs CBN to suspend ATM card maintenance charges

The Nigerian Senate has asked the Central Bank of Nigeria (CBN) to direct commercial banks to increase the maximum amount customers can withdraw from automated teller machines (ATMs) to N40,000 per transaction. The Senate also asked the CBN to suspend ATM card maintenance fees. The Red Chamber directed its committees on banking and finance to... Read More

Featured, The News Blog

ATM charges, bank charges, CBN, nigerian senate

October 6, 2016

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House of Reps resolve to investigate ATM charges

The House of Representatives on Thursday decided to investigate charges by commercial banks for Automated Teller Machine. The Committee on Banking and Currency has been saddled with the responsibility of investigating the N65 charge as well as other charges. The motion was moved by Tijani Yusuf, under Matters of Urgent Public Importance. Yusuf said the Central Bank of... Read More

The News Blog

ATM charges, Automated Teller Machine, Commercial banks, Committee on Banking and Currency, House of Representatives

September 17, 2014

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Warning: Padi padi regulation is taking over Nigeria’s financial sector

by Tunji Andrews From having virtually every full year result, covertly pointing accusing fingers at the Central bank of Nigeria, for over regulation and being insensitive to their profit margins; to being on the same page with the CBN on bank earnings, must be a really big leap forward for Nigerian banks. In wave after... Read More

The News Blog

Access Bank, ATM charges, CBN, central bank of Nigeria, Financial sector, Nigerian banks, Nigerian Stock Exchange

Top 5 Stories Of The Day | CBN Reveals That ATM Withdrawals Under ₦20,000 Will Attract ₦100 Fee

Senate directs CBN to suspend ATM card maintenance charges

House of Reps resolve to investigate ATM charges

Warning: Padi padi regulation is taking over Nigeria’s financial sector

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