ATM Withdrawals Surge to ₦36.3tn Despite Higher Charges, CBN Data Reveals

Despite the implementation of higher charges, ATM withdrawals in Nigeria have seen a significant increase to ₦36.3tn, as revealed by data from the Central Bank of Nigeria (CBN). This surge in withdrawals indicates a high level of cash demand and usage within the country's economy, despite the financial implications for users due to the increased charges.