The Central Bank of Nigeria has introduced a N100 monthly maintenance fee for a naira dominated debit card in the country.

There is also a N50 charge for other months whether the card is used or not.

Director financial policy and regulation department, CBN, Kevin Amugo says the apex bank is reviewing the extant Guide to Bank Charges, which came into effect in 2013.

The new charge is separate from the existing N65 charge after the third withdrawal within the same month.

The apex bank also introduced a N4,200-per-annum charge on foreign currency denominated cards as maintenance fee and a N50 charge on every cheque leaflet obtained and used.

http://nigeria.tvcnews.tv/2017/05/09/cbn-introduces-extra-charges-on-atm-cards/

be like person go arrange safe for house be dat. Banks dnt pay interest anymore and now they want to be cutting our money.

devil fire them there..only good in making life more difficult for people

It has finished

Mkpokedo

President get well soon!! We know you only want to use our mandate to pay your medical bills et all, continue.

Am an expert in underfloor safes that cannot be conquered by any armed robbers.Pm me for more information,can deliver to any state.

But why? If this news is true then this banks really don't care about we customers.

Everything about this administration is more taxation, less development and zero accountability