CBN’s ATM Charges to Worsen Hardship for Low-Income Nigerians, Warns FinTech Executive
A FinTech executive and techpreneur, Tope Dare, has expressed concerns over the Central Bank of Nigeria’s (CBN) revised ATM withdrawal fees, set to come into effect on March 1, 2025. Dare warned that the new charges would negatively impact low-income Nigerians, while benefiting wealthier individuals. “This policy ultimately favors those who can afford to withdraw … Read more