TINUBU FORGAVE NORTHERN GOVS WHO OPPOSED HIM IN 2023, SAYS SHETTIMA. (PHOTO).

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Tinubu forgave Northern govs who opposed him in 2023, says Shettima Vice President Kashim Shettima has said President Bola Tinubu demonstrated political maturity by forgiving northern governors who opposed his presidential bid in the 2023 election, urging politicians in Kwara State to similarly reconcile after their contests. Shettima stated this on Wednesday in Ilorin while speaking at the turbaning of the Kwara State Governor, AbdulRahman AbdulRazaq, as the Sardauna of Ilorin Emirate by the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari. The Vice President, who spoke against the backdrop of political activities ahead of the 2027 elections, urged politicians to regard political contests as temporary and avoid allowing disagreements arising from them to become permanent divisions. He said, “I call on all of us to unite in this political season and play politics without bitterness. The truth that sets us free is also the truth that people don’t want to hear.” Shettima recalled the oppositi...
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BANKS BEGIN N100 ON-SITE ARM CHARGES, N600 FOR OFF-SITE PER N20, 000 WITHDRAWAL. (PHOTO).

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 Banks begin N100 on-site ATM charges, N600 for off-site per N20,000 withdrawal


Commercial banks across Nigeria have commenced charging customers N100 per N20,000 withdrawal from their on-site Automated Teller Machines (ATMs) and N600 for off-site ATM following a directive issued by the Central Bank of Nigeria (CBN).


This development was announced by the Central Bank of Nigeria in a circular dated February 10, 2025 on the review of ATM transaction fees, scheduled for implementation from today, March 1, 2025.


Under the updated fee structure, withdrawals from a customer’s own bank ATMs remain free. However, customers using ATMs of other banks will now pay a charge of N100 per withdrawal of N20,000 or less at on-site ATMs, which are located within or directly affiliated with a bank branch.


”Off-site ATMs, which are positioned outside bank premises in locations such as shopping malls, fuel stations, and other public spaces, will attract an additional surcharge of up to N500 per transaction.


”For international ATM withdrawals, charges will be based on cost recovery, meaning customers will bear the exact fee applied by the international acquirer.


The CBN stated that the new charges were introduced due to “rising costs and the need to improve the efficiency of ATM services in the banking industry.”

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