TRUMP ANNOUNCES HAMAS DISARMAMENT AND ISRAELI TROOP WITHDRAWAL AGREEMENT UNDER GAZA CEASEFIRE PLAN. (PHOTO).

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 Trump announces Hamas disarmament and Israeli troop withdrawal agreement under Gaza ceasefire plan   President Donald Trump announced Thursday that Hamas has agreed to a plan to disarm and that Israel will withdraw its forces from Gaza as part of a U.S.-backed ceasefire framework. Trump described the agreement as a major step toward creating a new Palestinian government in Gaza that would work with the newly established Board of Peace to oversee the next stages of the plan. The president said the agreement would also provide Israel with increased security by preventing Gaza from being used as a launching point for future attacks. Details of the agreement were limited, and neither Israel nor Hamas immediately released statements responding to Trump’s announcement. The Board of Peace said Hamas had agreed to a roadmap for moving forward with the next phases of the ceasefire after months of negotiations. The group said the plan includes Hamas giving up its weapons, followed by a...

BANKS BEGIN N100 ON-SITE ARM CHARGES, N600 FOR OFF-SITE PER N20, 000 WITHDRAWAL. (PHOTO).


 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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