Silent extortion: How banks’ ATM charges, levies bleed Nigerians dry

Silent extortion: How banks’ ATM charges, levies bleed Nigerians dry

On February 10, 2025, the Central Bank of Nigeria announced a significant revision to Automated Teller Machine withdrawal charges, set to take effect from 1 March 2025. In a circular reflecting the same date, the apex bank directed all banks and financial institutions to implement new ATM withdrawal charges from 1 March 2025. This means

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