CBN: Removal of ATM Charges Effective Next Monday

The Bankers’ Committee Sunday  said the decision earlier reached to suspend all charges accruing from the use of Automated Teller Machines (ATMs) of other banks would be implemented from Monday, December 17.

Governor of the Central Bank of Nigeria (CBN) and Chairman of the Bankers’ Committee, Mallam Sanusi Lamido Sanusi, revealed this while addressing journalists at the end of the fourth annual Bankers’ Committee retreat held in Calabar. The three-day retreat was titled “Towards Economic Development and Sustainable Transformation”.

The committee had at its November meeting said the move was partly aimed at enhancing financial inclusion and encouraging ATM usage in line with CBN’s cashless programme.

Sanusi explained that the delay in implementing the policy was to allow banks configure their information technology infrastructure for the effective implementation of the policy.

House probes N2.1bn mint scam, to invite Sanusi

The House of Representatives on Saturday said it was shocked to hear that N2.1bn of newly printed N1,000 notes was missing at the Nigeria Security Printing and Minting Company.

Last week, the Central Bank of Nigeria Governor, Lamido Sanusi, launched an investigation to ascertain the quantity of money missing at the NSPMC and reportedly asked the Managing Director of the agency, Ehi Okomoyon, and its Head of Security, Emmanuel Bala, to go on compulsory leave.

RE: 50% sack. 'Shove it' FG tells Sanusi...

AGAINST the controversy generated by the Central Bank of Nigeria (CBN) governor, Lamido  Sanusi, over the need to reduce the nation’s workforce by half to ensure sustainable economy, Minister of Labour, Chukwuemeka Wogu, has allayed fears among Nigerian workers, saying they would not lose their jobs.