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

WE WILL NOT CONDONE ANY FEE INCREMENT FROM ANY INSTITUTION, NANS warns

The National Association of Nigerian Students (NANS) have said giving the biting and excruciating hardship Nigerian Students, their parents and indeed majority of Nigerians are going through, it will not condone any appearances or semblance of fee increment from any tertiary institution, not to talk of a fee increment proper.  In a statement signed by  NANS National Assistant Secretary General (ASG), Comr. Omede Sunday, who said, "the attention of NANS have been drawn to a rumour of a plan to increase school and or accommodation fees by the management of tertiary institutions in Nigeria". "Should this rumor be true, we call on such tertiary institutions to think again and drop the idea. However, should tertiary institutions be inconsiderate to the plight of suffering Nigerians and go head to make any such increment, NANS will not hesitate to mobilize Nigerian Students to a mother of all protests and shut down any such institution".  "The leadership ...
Post a Comment
Read more

NANS PRESIDENT APPOINTS COMRADE MADAKI T. NOAH AS MEMBER NANS NATIONAL MEDIA AND PUBLICITY COMMITTEE.

The leadership of Revolutionary NANS President Comrade Asefon Sunday Dayo has appointed Comrade Madaki Thomas Noah a student of Kogi State Polytechnic as member of the NANS National media and publicity Committee.
6 comments
Read more

COMRD. M.A.T DECLARED FOR NANS VP NATIONAL AFFAIRS

Solidarity greetings to great Nigerian students.  The nomenclature remains harmless, untouchable, unbeatable Comrd. Muh'd A.Tenimu. After much consultations and consolidation, I, comrd. Muh'd A.Tenimu humbly using this medium to DECLARE MY INTENT TO RUN FOR THE OFFICE OF NANS VP NATIONAL AFFAIR.  Declaration for the said position came up after consulting appropriate stakeholders, leaders, and excos of the most competitive students association at the national level.  Today, I am thrilled to introduce myself as an exceptional candidate for the position of NANS VP National Affairs with visionary leadership style, unwavering determination, and dedication to serving the student body, I see myself as the perfect choice to be elected as NANS VP National Affairs.  Comrade M.A.T campaign is centred on promoting inclusivity, amplifying student voices, and creating a vibrant inter-campus community. I aimed to address your concerns, enhance academic support services,...
Post a Comment
Read more