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billante: Users of Automated Teller Machines will no longerpay N100 on withdrawals whenever they use banks other than theirs, the Central Bank of Nigeria said on Tuesday.

The decision was taken at the end of a meeting inAbuja between the CBN and the Bankers Committee.

Managing directors of some banks also attended the meeting.

The Group Managing Director, First Bank Plc, Mr. Bisi Onasanya, told newsmen that the charge as well as others associated with the use of ATMs would be scrapped soon.

He said it was meant to encourage the use of ATMs.

Onasanya said the decision would help to increase the patronage of ATMs, thus deepening the financial inclusion strategy of the apex bank.

He said the modalities for the stoppage is being worked out adding that within the shortest time possible, the adjustments would be reflected in all the ATMs.

“When you use the ATM of a bank other than your bank, there is a charge of N100 which is borne by the account holder.

“We have decided that we will work out the modality and ensure that with immediate effect we would pass on this cost to the respective banks which bear the cost of providing services.

“No matter where you are withdrawing your money from, you will not be subjected to any charge for using the ATM,” he explained.

According to him, the new policy does not cover withdrawals inside the banking hall when the ATMs are off.

“But for transaction on what we call ‘not on us,’ when you are an FBN customer and you use the ATM of a GTB bank, it is free and it will no longer bear any cost,” he added.



http://www.punchng.com/business/banks-to-stop-n100-atm-charge/

‎​I̶̲̥̅̊ love that! ΨђåƮ about the §☺̴̩̩̥̩̩̩ called SMS charges?

Billyonaire:
He lamented that the advent of motorcycle as means of transportation had contributed to the dearth of apprentice, artisans and other professional trades.

He observed that many youths had turned their attention to ridding commercial motorcycle as easy means of getting money.

I loved those 2 paragraphs.

nonsense their plan n̶̲̥̅̊o̶̲̥̅̊ G̶̲̥̅☺̣̣̥̇ work

salaksmana: http://www.punchng.com/news/doctors-to-treat-deafness-with-snake-poison/

that n̶̲̥̅̊o̶̲̥̅̊ more deaf? G̶̲̥̅Ơ̴̴̴̴͡.̮Ơ̴̴̴͡D̶̲̥̅ news

ochukwuma15: In a society where a man is entitled to more than ten wives. if you doubt me, visit idoma land in benue state. This bill (law) is definitely going to fail. Even when one woman begets one child, what happens to the remaining 6 wives since mr. President is targeting four kids for each family.

Secondly, in a society where our law makers marries 13 years old girls, who don't even know how to calculate their menstrual cycle, not to talk of knowing birth control measures. if you doubt me go to zamfara state and ask a senator. This bill (law) is again going to fail.

Thirdly, in a society where greater emphases is placed on the boy child to the detriment of the girl child, the bill (law) is going to fail.

How is mr. President going to explain to a couple that have 4 girls that it is time for them to privatise or subsidize their manhood when what they are looking for have not arrived.

All the same, i wish gej the best........Chuks writes from Enugu,Nigeria.

this Ȋ̝̊̅§ G̶̲̥̅Ơ̴̴̴̴͡.̮Ơ̴̴̴͡D̶̲̥̅ idea nice one GEJ Ȋ̝̊̅§ gonna be dream come true to naija

Fhemmmy:

How about the Yorubas and the Ibos, you mean only Malams gives birth to kids and dont look after them? these has nothing to do with a particular tribe, it is an individual thing and a personal issue.

‎​I̶̲̥̅̊ just tired of some people this Ȋ̝̊̅§ general problem facing the whole country not even to mention any tribe

[quote author=Clemzy16]Same thing as usual, ain't gonna work in this country. Not the Nigeria i know.[/quote) u of little or none faith why doubting?