Automated Teller Machine
The Central Bank of Nigeria (CBN) has announced a new review of Automated Teller Machine (ATM) charges after the last transaction charges were reviewed in 2019 and reduced from N65 to N35. Making the information known in a circular signed by John Onojah, Acting Director of the Financial Policy and Regulation Department, the new […]
The Central Bank of Nigeria, CBN, has reduced the maximum over-the-counter (OTC) cash withdrawal per week for individuals to N100,000 and N500,000 for corporate organisations. The apex bank also limited individual Point of Service (POS) to N20,000 per day. This information was contained in a circular by the CBN and addressed to all […]
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