The Central Bank of Nigeria (CBN) warns banks against limiting Automated Teller Machine (ATM) withdrawals to amounts below ₦20,000 per transaction, stating that any bank found violating this directive will face sanctions. In a statement released on Thursday through a ‘Question and Answer’ explainer, the apex bank clarifies that ATM withdrawal charges apply based on … Continue reading CBN Warns Banks Against Restricting ATM Withdrawals Below ₦20,000