Skip to main content

CBN Drops ATM Withdrawal Fee To N35, Reviews Bank Charges

The Central Bank of Nigeria (CBN) has reduced cash withdrawal charges from other banks’ Automated Teller Machines ATM from N65 to N35 after the third withdrawal within a month.The apex bank in a revised Guide to Bank Charges has mandated banks to charge customers N35 for cash withdrawals.The new guideline signed by Chibuzo Efobi for CBN Director, Financial Policy and Regulation Department, showed a downward review for electronic banking transaction charges to align with market developments.The new directive is set to take effect on January 1, 2020, in furtherance of CBN’s quest to make financial services more accessible and affordable to various stakeholders in the economy.Source: channelstv

Comments

Post a Comment

Popular posts from this blog

GOVERNING COUNCIL APPROVES APPOINTMENTS OF SOME PRINCIPAL OFFICERS FOR KOGI STATE POLYTECHNIC, LOKOJA

The Governing Council of Kogi State Polytechnic, Lokoja has approved the  appointment of some  Principal Officers of the institution in a bid to further enhance quality service delivery.At the emergency meeting of the Governing Council held on 22nd May, 2021, four (4) new Principal Officers were appointed  to head the Registry, Bursary, Works and Library Units. Mr Aiyeetan Sunday is the new  Registrar of the Polytechnic, while Mr Obadaki Adeika Obaro is now the Bursar.The Council also appointed Engineer Adamu Abdullahi Ayni as the Director of Works and Services while Mrs. Ozohu Omolola Mohammad Audu is the new Polytechnic Librarian. The Chairman of the Governing Council, Dr Isa Yakubu while  congratulating  the newly appointed Principal Officers, further charged them to bring their wealth of experience to bear so as to move the Polytechnic to an enviable height. On his part, the Rector of the institution, Dr. Salisu O. Usman appreciated the Chai...
Post a Comment
Read more

Comrade Ahmad Kabir Emerges Triumphant as JCC Chairman in Kogi – A Victory for Student Advocacy

In a momentous occasion for the student community in Kogi, Comrade Ahmad Kabir has secured a resounding victory as the newly elected JCC Chairman. The high-stakes contest for this influential position drew attention from all corners, ultimately culminating in the triumph of a seasoned leader who has previously served as the Student Union Government (SUG) President and held various other pivotal roles. Comrade Ahmad Kabir's journey to the JCC chairmanship reflects a storied history of commitment to student welfare and a passion for driving positive change. His previous tenure as the SUG President was marked by transformative initiatives that significantly impacted the landscape of Federal College Okene. During his tenure as the SUG President, Comrade Ahmad Kabir spearheaded a series of initiatives that brought about substantial improvements to Federal College Okene. His visionary leadership and proactive approach to addressing student concerns turned the college into a h...
Post a Comment
Read more

Abuja Set to Host Debut Solo Art Exhibition by Temitope David Ojumoro

Abuja, July 2025 – The Nigerian art world is set to witness an exciting new chapter as emerging artist Temitope David Ojumoro presents his first solo exhibition, curated by Kolapo Olorunyemi, from July 19th to 27th, 2025 at Photocarrefour, Duplex 16, Mabushi Ultra Modern Market, Jahi, Abuja. A Rising Star's Artistic Debut Ojumoro's vibrant collection showcases his distinctive style that blends contemporary techniques with deep cultural narratives. The exhibition offers art lovers a chance to discover fresh perspectives from one of Nigeria's most promising new talents.   The week-long showcase begins with an exclusive opening event featuring:   ✔ First look at the complete collection   ✔ Opportunity to meet the artist   ✔ Curated viewing experience   ✔ Refreshments and live ambiance   Exhibition Essentials Venue: Photocarrefour, Mabushi Ultra Modern Market, Jahi  Abuja  Dates: July 19-27, 2025...
Post a Comment
Read more