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Home    Nigeria Citypages    Nigeria Business & Tech    CBN’s New ATM Fees Trigger Legal Challenge by SERAP
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CBN’s New ATM Fees Trigger Legal Challenge by SERAP

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CBN’s New ATM Fees Trigger Legal Challenge by SERAP


The Central Bank of Nigeria (CBN) has announced a review of ATM fees that will take effect on March 1, 2025. The changes will eliminate free withdrawals from other banks’ ATMs and introduce surcharges for off-site ATMs.
While the CBN argues the move is necessary to cover rising operational costs and promote digital banking, the Socio-Economic…

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ATM surchargesbanking accessbanking chargesbanking regulationbanking regulationsbreaking news nigeriaCBN ATM feesCONSUMER PROTECTIONconsumer rightsDara Lanlehindigital bankingeconomic impactFinancial Inclusionfinancial policyfinancial servicesLegal ChallengeNews CentralNews Central AfricaNigeria EconomyNigerian bankingSERAP lawsuit
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