Reps Tell CBN To Suspend ATM Charges Hike

 

Following a motion of urgent public importance, the House of Representatives has passed a resolution calling for the suspension of the increase in Automated Teller Machine (ATM) transaction charges and the stoppage of free ATM withdrawals for customers from other banks in Nigeria.

 

The motion moved by a member, Marcus Onobun, drew the attention of the House to a circular by the Central Bank of Nigeria to that effect.

Lawmakers were worried that this would impose additional financial burdens on Nigerians.

The House asked the CBN to suspend the policy pending proper engagement with the relevant committees on banking, finance, and financial institutions.

More to follow…

Related Posts

Court orders final forfeiture of 431 phones seized from Chinese suspects

  The federal high court in Lagos has ordered the final forfeiture of 431 mobile phones allegedly recovered from Chinese nationals to the federal government. Dehinde Dipeolu, the trial judge,…

Court sentences four to death over kidnapping in Edo

  The Edo state special criminal court has sentenced four persons to death over the abduction of a woman at Vegetable market along Airport road in Benin city, Edo state.…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Court orders final forfeiture of 431 phones seized from Chinese suspects

  • By admin
  • September 29, 2026
  • 2 views
Court orders final forfeiture of 431 phones seized from Chinese suspects

Court sentences four to death over kidnapping in Edo

  • By admin
  • September 29, 2026
  • 3 views
Court sentences four to death over kidnapping in Edo

From Obohia to Adakam: Who Controls the Guns in Our Communities?

  • By admin
  • September 29, 2026
  • 6 views
From Obohia to Adakam: Who Controls the Guns in Our Communities?

Nigeria demands justice over death of 3 nationals in South Africa

  • By admin
  • September 29, 2026
  • 6 views
Nigeria demands justice over death of 3 nationals in South Africa

Delta dep director’s killing: Police arrest commissioner, 3 others

  • By admin
  • September 29, 2026
  • 5 views
Delta dep director’s killing: Police arrest commissioner, 3 others

DSS Secures Death Sentence For Suspect In Sokoto Kidnap, Killing Case

  • By admin
  • September 28, 2026
  • 3 views
DSS Secures Death Sentence For Suspect In Sokoto Kidnap, Killing Case