Why We Increased ATM Withdrawal Charges – CBN

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The Central Bank of Nigeria (CBN) has justified its decision to increase charges on cash withdrawals from ATMs of other banks.

Naijaloaded reports that at the end of its Monetary Policy Committee (MPC) meeting on Tuesday, the apex bank also announced that it would retain the Monetary Policy Rate (MPR) at 27.5%, maintaining key economic parameters.

CBN Governor, Olayemi Cardoso, while…

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