ATM withdrawals by Nigerians hit ₦36.34trn in six months despite higher charges

Nigerians withdrew a total of ₦36.34 trillion through automated teller machines between January and June 2025 despite higher transaction charges introduced by the Central Bank of Nigeria (CBN) to discourage cash usage. Data from the CBN’s quarterly statistical bulletin showed that ATM withdrawals in the first half of 2025 were nearly three times the ₦12.21 …
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