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CBN Orders N100, N500 Charges per N20,000 in Off-Network ATM Transactions

The Central Bank of Nigeria (CBN) has scrapped free withdrawals for off-network ATM transactions, effective March 1, 2025. Bank users now have to pay N100 per N20,000 at on-site ATMS, plus an additional surcharge of not more than to N500 per N20,000 for transactions at off-site ATMs. This revision, disclosed in a circular issued on […]

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