Reversal of ATM charges hike – REXTUN CITY UPDATES

SERAP Drags CBN To Court Over ‘Unlawful, Unjust ATM Charges Hike’

February 23, 2025February 23, 2025 Rextun boss No Comments

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) “over the failure to reverse the patently unlawful, unfair, unreasonable and unjust increase in Automated Teller Machine (ATM) transaction fees.” The CBN recently announced that ATM withdrawals made at a machine owned by a bank but outside…

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SERAP To CBN: Reverse ‘Unlawful, Unfair Hike in ATM Transaction Fees’ In 48Hrs

February 16, 2025February 16, 2025 Rextun boss No Comments

Socio-Economic Rights and Accountability Project (SERAP) has urged the Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, to use his “leadership position to immediately withdraw the patently unlawful, unfair, unreasonable and unjust increase in Automated Teller Machine (ATM) transaction fees.” SERAP urged him to “ensure that the exercise of CBN statutory powers and…

Civil Society Organizations, Finance and Economy