ATM

The Central Bank of Nigeria (CBN) has introduced major changes to Nigeria’s cash management framework, removing all limits on cash deposits and increasing weekly withdrawal thresholds for individuals and corporate bodies. The new…
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The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the implementation of an increase in ATM transaction charges. According to a new CBN policy, customers withdrawing from their banks’ ATMs will…
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Socio-Economic Rights and Accountability Project (SERAP) has urged the Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, to use his “leadership position to immediately withdraw the patently unlawful, unfair, unreasonable and…
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The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. A clear message of zero tolerance for cash flow…
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A student of Architecture at the University of Nigeria, Enugu Campus (UNEC) missed lectures for two days consecutively to cash N5,000 at an Automated Teller Machine (ATM). “I have missed lectures for two days just to get N5,000 to feed…
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The Central Bank of Nigeria (CBN), Bauchi State, says it allocates N30 million new naira notes daily to each branch of banks in the state to increase access of customers to the new notes. Mr Abdulkadir Jibrin, an official of the apex…
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The Central Bank of Nigeria (CBN) says that banks would work on Saturdays to receive the old Naira notes from customers. Mr Kama Ukpai, Leader of the CBN team to Ebonyi on new Naira notes, disclosed this on Friday during its enlightenment…
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Presidential Candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, says Delta State is not an “ATM” for “migratory politicians”. Tinubu said the state’s funds may have “found a home” with a presidential candidate who “loves…
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The Federal Government on Tuesday commenced the distribution of Automated Teller Machine (ATM) cards to the beneficiaries of the Household Uplifting Programme in Kwara. The Minister of Humanitarian Affairs, Disaster Management and Social…
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By Talatu Bala The National Bureau of Statistics ( NBS ) said Automated Teller Machine (ATM) from selected banks across the country recorded transactions valued at N39.15 trillion in the fourth quarter of 2018. The bureau stated this…
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