House Representative in section; Phot credited to asabemetro The House of Representatives has instructed the Central Bank of Nigeria (CBN) to suspend the recent increase in ATM transaction charges. This decision followed a motion raised by Rep. Marcus Onobun, who expressed concerns about the new charges outlined in a CBN circular. Lawmakers feared that the increase would create additional financial burdens for Nigerians. Starting from March 1, 2025, CBN had announced that customers would face a ₦100 charge for every ₦20,000 withdrawn from ATMs of other banks, with an additional ₦500 surcha...
Gossips and Discuss on Nigerians in Nigeria and in the diaspora.