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CBN’s proposed N1,500 ATM card issuance fee sparks backlash from Nigerians, financial experts

April 29, 2026
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Economists and bank consumers have raised major fault lines in the Central Bank of Nigeria’s proposed increase of the Automated Teller Machine card issuance charge to N1500 from N1000. This comes as the apex bank on April 21, 2026, released a 42-page exposure draft of the Guide to Charges by Banks and Other Financial Institutions. [] CBN’s proposed N1,500 ATM card issuance fee sparks backlash from Nigerians, financial experts

Daily Post Nigeria
Daily Post Nigeria

Coverage and analysis from Nigeria. All insights are generated by our AI narrative analysis engine.

Nigeria
Bias: center

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