CBN Introduces New ATM Withdrawal Charges, Ends Free Transactions
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has announced the introduction of new charges for customers withdrawing cash from Automated Teller Machines (ATMs) of banks other than their own, effectively ending the three free withdrawals previously allowed. The directive was contained in a circular dated February 10, 2025, and signed by John Onojah,…