‘CBN’s ATM charges will worsen hardship for low-income earners’

‘CBN’s ATM charges will worsen hardship for low-income earners’

A FinTech Executive and Techpreneur, Tope Dare, has warned that the Central Bank of Nigeria’s revised ATM withdrawal fees, set to take effect on March 1, 2025, will hurt low-income Nigerians while benefiting wealthier individuals. “This policy ultimately favors those who can afford to withdraw larger sums, while the average Nigerian, who withdraws in smaller

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