In a move that has sparked widespread public outcry, the Central Bank of Nigeria CBN has enforced new ATM withdrawal charges effective March 1, 2025.
The revised fees include a charge of 100 naira for every 20,000 naira withdrawn from on-site ATMs of other banks with an additional surcharge of up to 500 naira for offsite withdrawals.
GuardianTV spoke with Nigerians on what they think about the new policy.