SERAP demands reversal of ATM transaction fees hike, slams CBN

The Socio-Economic Rights and Accountability Project has given the Central Bank of Nigeria a 48-hour ultimatum to reverse the newly announced hike in Automated Teller Machine transaction fees, calling it “unlawful, unfair, unreasonable, and unjust.” In an open letter dated February 15, 2025, signed by SERAP Deputy Director Kolawole Oluwadare, the organisation urged CBN Governor