A FinTech Executive and Techpreneur, Tope Dare, has warned that the Central Bank of Nigeria’s revised ATM withdrawal fees, set to take effect on March 1, 2025, will hurt low-income Nigerians while benefiting wealthier individuals. “This policy ultimately favors those who can afford to withdraw larger sums, while the average Nigerian, who withdraws in smaller
‘CBN’s ATM charges will worsen hardship for low-income earners’
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