Nigeria’s POS transactions hit N223.27 trillion in 2024 as ATM usage drops by Oluwatosin Adeyemi June 24, 2025 0 In 2024, Nigeria saw point-of-sale (POS) transactions soar to a record N223.27 trillion, more than doubling the N110.35 trillion processed ...
House of Reps directs CBN to suspend hike in ATM charges by Oluwatosin Adeyemi March 12, 2025 0 The House of Representatives on Tuesday directed the Central Bank of Nigeria(CBN) to suspend the increase in ATM fees in ...
CBN fines UBA, Zenith Bank, First Bank, 6 others for ATM cash hoarding during yuletide by Oluwatosin Adeyemi January 16, 2025 0 Nine Deposit Money Banks have been fined a total of N1.35 billion by the Central Bank of Nigeria (CBN)for not ...
Kenyan Banks Scrap ATMs Amidst Digital Banking Growth by Saibu Grace August 1, 2024 0 The monthly cost for Kenyan banks to operate a single ATM is more than $900, and this expense rises for ...