Index to Nigerian Newspapers

As part of a downward assessment of costs for electronic banking transactions in its updated guidelines on charges by Banks, Other Financial Institutions (OFIs), and Non-Bank Financial Institutions, the Central Bank of Nigeria (CBN) has decreased ATM withdrawal charges and inter-bank transfer fees.This is in accordance with the circular headed "Re: Guide To Charges By Banks, Other Financial And Non-Bank Financial Institutions" by Chibuzor Efobi, Director, Financial Policy and Regulation Department.According to the top bank, the updated guidance includes a review of other bank fees in order to keep up with market trends.

As part of a downward assessment of costs for electronic banking transactions in its updated guidelines on charges by Banks, Other Financial Institutions (OFIs), and Non-Bank Financial Institutions, the Central Bank of Nigeria (CBN) has decreased ATM withdrawal charges and inter-bank transfer fees.This is in accordance with the circular headed "Re: Guide To Charges By Banks, Other Financial And Non-Bank Financial Institutions" by Chibuzor Efobi, Director, Financial Policy and Regulation Department.According to the top bank, the updated guidance includes a review of other bank fees in order to keep up with market trends.