
The Nigerian House of Reps Demand Suspension of CBN’s New ATM Charges, Say Policy Burdens Nigerians
The House of Representatives has called for the immediate suspension of the Central Bank of Nigeria (CBN)’s new ATM withdrawal charges, which increase transaction fees and discontinue free interbank ATM withdrawals. Lawmakers argue that this policy financially burdens Nigerians, especially amid rising inflation, fuel price hikes, electricity tariff increases, and multiple banking service charges. The…