Dr. PANTAMI LAUDS CENTRAL BANK OF NIGERIA’S (CBN) DOWNWARD REVIEW OF ELECTRONIC TRANSFER FEES

The Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim(Pantami), FNCS, FBCS, FIIM through a press release signed by his spokesperson, Mrs. Uwa Suleiman, hailed the decision of the Central Bank of Nigeria (CBN) for considerably reducing the cost of electronic cash transactions and Automated Teller Machine (ATM) card maintenance fees.

This directive from the Regulator of the financial sector he said, will in no small measure contribute to the actualization of a Digital Economy, as lower service charges will encourage a higher patronage of electronic services, especially in the banking and financial services sector.

The Honourable Minister encouraged all decision-making institutions in the country, to enact policies that will give support for and key into the Digital Economy policy of President Muhammadu Buhari GCFR.

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