Tag: ATM

The Central Bank of Nigeria (CBN) has issued a firm ultimatum to banks and card issuers to increase ATM deployment across the country or be ready to face sanctions. In ...

The Central Bank of Nigeria (CBN) is preparing to roll out new regulations that will fundamentally reshape how commercial banks issue debit cards and manage ATM operations, in what officials ...

Nigerians have withdrawn a staggering N36.34 trillion from automated teller machines (ATMs) in the first six months of 2025, representing a dramatic 197.66% increase from the N12.21 trillion recorded during ...

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to instruct Central Bank of Nigeria (CBN) Governor Olayemi Cardoso to halt the recent increase in Automated ...

The Central Bank of Nigeria (CBN) has clarified that Nigerians withdrawing less than N20,000 from another bank’s ATM will incur a N100 fee per transaction. This was detailed in an ...

The Central Bank of Nigeria (CBN) has eliminated the three free monthly withdrawals previously granted to bank customers using other banks' ATMs.   In a circular dated February 10, 2025, the ...