Despite Policy Shifts, ATM Withdrawals Increases 198% to ₦36.3tn
In the first half of 2025, Nigerians withdrew a staggering ₦36.34 trillion from automated teller machines (ATMs), nearly three times ...
Tag: ATM withdrawals
Beyond Fees: Can CBN’s New ATM Policy Solve Nigeria’s Banking Efficiency Problem?
On February 10, 2025, the Central Bank of Nigeria (CBN) introduced a new ATM withdrawal fee structure set to take ...
Exclusive: CBN Battles to Resolve ‘Cashless ATMs’ as PoS ‘Epidemic’ Hits the Financial Sector
…How Nigerian Banks Are Struggling to Keep Up
CBN: Bank Customers to Pay More as New ATM Charges Begin March 1
Added to this, if the ATM is located off-site—outside a bank’s premises—users will incur a surcharge of up to ₦500 ...
Techeconomy Podcast
The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.
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