CBN Raises ATM Card Issuance Fee to N1,500, Scraps Maintenance Charges in New Banking Guide
The Central Bank of Nigeria (CBN) has increased the cost of issuing and replacing Automated Teller Machine (ATM) debit and credit cards by 50 per cent, raising the fee from ₦1,000 to ₦1,500. The adjustment is part of a broader review of bank charges under the apex bank’s updated regulatory framework for financial institutions. With…