Tuesday, March 18, 2025
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CBN to implement new ATM transaction fees from March 1

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

In a circular signed by John Onojah, Acting Director of the Financial Policy and Regulation Department, the CBN stated that the adjustments aim to address increasing operational costs and improve efficiency in the banking sector.

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