CBN Confirms ₦100 Fee on ATM Withdrawals Below ₦20,000
The Central Bank of Nigeria (CBN) has confirmed that Nigerians withdrawing less than ₦20,000 from another bank’s Automated Teller Machine (ATM) will still be charged a fee of ₦100 per transaction. This was disclosed in a Frequently Asked Questions (FAQ) document published on the CBN’s website on Thursday, providing further details on the newly revised…