{"id":20297,"date":"2025-03-03T08:12:47","date_gmt":"2025-03-03T07:12:47","guid":{"rendered":"https:\/\/thedailynewswave.com\/?p=20297"},"modified":"2025-03-03T08:12:47","modified_gmt":"2025-03-03T07:12:47","slug":"nigerian-banks-begin-implementation-of-fresh-atm-withdrawal-charges","status":"publish","type":"post","link":"https:\/\/thedailynewswave.com\/nigerian-banks-begin-implementation-of-fresh-atm-withdrawal-charges\/","title":{"rendered":"Nigerian banks begin implementation of fresh ATM withdrawal charges"},"content":{"rendered":"<p>The Central Bank of Nigeria, or CBN, slapped additional fees on Nigerians using automated teller machines (ATMs) on Saturday, according to the DAILY POST.<\/p>\n<p>This follows the apex bank\u2019s announcement on 11 February 2025 that, from 1 March 2025, N100 and N450 fees would apply to ATM withdrawals.<\/p>\n<p>The CBN explained that the charges would apply to bank customers using other banks\u2019 ATMs, whether onsite or offsite.<\/p>\n<p>It stated that the N450 fee would be a surcharge for bank customers using ATMs of other banks that are not within the bank\u2019s premises.<\/p>\n<p>Meanwhile, the CBN stressed that ATM withdrawals within customers\u2019 own banks would remain free of charge.<\/p>\n<p>DAILY POST observed that banks\u2019 ATMs in the Federal Capital Territory have implemented the withdrawal charges in line with the CBN\u2019s directive.<\/p>\n<p>The President of the Bank Customers\u2019 Association of Nigeria, Dr. Uju Ogunbunka, confirmed this to DAILY POST on Saturday.<\/p>\n<p>\u201cThe ATM withdrawal charges, as announced by the CBN, have commenced. Definitely, this is another burden Nigerians have to contend with,\u201d he told DAILY POST.<\/p>\n<p>Written By Ogaga Ariemu<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Nigeria, or CBN, slapped additional fees on Nigerians using automated teller machines (ATMs) on Saturday, according to the DAILY POST. This follows the apex bank\u2019s announcement on 11 February 2025 that, from 1 March 2025, N100 and N450 fees would apply to ATM withdrawals. The CBN explained that the charges would [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":20298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[43,6],"tags":[2713,83],"class_list":{"0":"post-20297","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-news","9":"tag-atm","10":"tag-cbn"},"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nigerian banks begin implementation of fresh ATM withdrawal charges - The DailyNewswave<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailynewswave.com\/nigerian-banks-begin-implementation-of-fresh-atm-withdrawal-charges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigerian banks begin implementation of fresh ATM withdrawal charges - The DailyNewswave\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Nigeria, or CBN, slapped additional fees on Nigerians using automated teller machines (ATMs) on Saturday, according to the DAILY POST. 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