N100 charge on ATM transactions cancelled

The Central Bank of Nigeria and the Bankers Committee on Tuesday finally agreed to put a stop to all charges associated with the use of Automated Teller Machines.

The agreement was the highpoint of a meeting between the committee made up of Chief Executive Officers of Deposit Money Banks, and directors and top officials of the CBN.

The CBN also said that it would, in collaboration with the Securities and Exchange Commission, carry out examinations on the operations of stockbroking houses.