The Central Bank of Nigeria (CBN) has underscored the importance of automated machines (ATMs) and point-of-sale (PoS) terminals in ensuring efficient cash distribution and easing operational challenges across the country. According to NAN, Olayemi Cardoso, governor of the CBN, spoke on Friday at the 2026 Committee of Heads of Bank Operations (CHBO) conference in […]
BY TEMITOPE ADEBAYO Effective March 1, 2025, bank customers will no longer enjoy the three free withdrawals every month on cash collected on the Automated Teller Machine (ATM) of another bank, as charges on withdrawal increased to as much as N500 on every N20,000 withdrawal. In a circular to all banks and other financial institutions […]
Nigeria has an unhealthy predilection for scapegoating. FX is galloping, let’s hang it on crypto. The fintechs are doing an amazing job powering digital payments, let’s halt their momentum. Nigerian basketball especially the men’s game has gone down, let’s blame the players. Finger pointing and looking for a fall guy, seems to be the classic […]
Lagos – Prof. Sherifdeen Tella, a Senior Economist at the Olabisi Onabanjo University, Ago-Iwoye, Ogun, on Sunday called on the Central Bank of Nigeria (CBN) to enforce its new guidelines on ATM/electronic transfer charges. Tella on Sunday in Lagos said that appropriate enlightenment campaign should also be carried out to inform bank customers of their […]
* Fuel scarcity easing in Lagos as fun seekers shun N’Theatre * Osinbajo: NNPC, not FG, bears cost do subsidy * Our depots empty, we’re not hoarding fuel-marketers The combination of fuel scarcity and the inability of Automated Teller Machines (ATMs) to dispense cash to bank customers have prevented some Nigerians from marking the Yuletide […]
…Accuses commanders of turning insurgency into ‘ATM’ war …Wants Buhari to overhaul Army rank and file …50 worshippers killed in Mubi mosque bombing An insider operating at the frontiers of the Sambisa Forest to Talala and Ajiri area of Borno State has disclosed why Boko Haram war may not end soon. The insider, who spoke […]
The long awaited comedy concert tagged #HoneyTongueFunnyByNature is scheduled to hold in Lagos on Sunday, May 29, 2016 at the Open Arcade event centre, Ogba, Lagos. In a chat with the organiser, Adeyemi Asaba, he disclosed that the event is set to become a standard for the comedy and entertainment industry in general. With the […]
Maiduguri residents on Saturday appealed to the management of banks operating in the city to restock their Automated Teller Machines (ATM) to allow more residents to access their monies when in need. The residents’ appeal followed a 24-hour curfew imposed on the state capital by the 7 Division of the Nigerian Army after Wednesday’s foiled […]