TRAGEDY STRIKES AS PROMISING COUNCILLOR HON. CHUKWUMA OKPALAUZUEGBU IS LAID TO REST ON INTENDED WEDDING DAY. (PHOTOS). #PRESS RELEASE.

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  Tragedy Strikes As Promising Councillor Hon. Chukwuma Okpalauzuegbu Is Laid To Rest On Intended wedding Day  By Charity Ejiofor  A day that was meant to mark a joyful union has instead become one of deep sorrow for family, friends, and the Aguata community, following the sudden passing of Hon. Chukwuma Christopher Okpalauzuegbu, the councillor representating Amesi Ward. Hon. Okpalauzuegbu fondly known as Chuma, had been preparing to celebrate his wedding ceremony, an event filled with hope, promise and carefully laid plans. Loved ones, and sponsors, ready to stand beside him as he embark on a new chapter of life. In an unexpected and heart breaking turn of events, those dreams were cut short. Instead of celebration, family members gathered in mourning as his remains were received at Aguata Local Government Area congress of councillors.  The loss had left a profound void, with tributes pouring in to honor a man remembered for his dedication, warmth, and service to h...
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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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