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Group urges CBN to halt confiscation of cards withheld by ATM

Group urges CBN to halt confiscation of cards withheld by ATM Another group urges Nigerians to dismiss allegations the federal government recently printed N60 billion to make up for allocations made to the states monthly. A Non Governmental Organisation, the Consumer Initiative, has appealed to Central Bank of Nigeria (CBN) to abolish the confiscation of cards withheld by Automated Teller Machine (ATM) in commercial banks. Aliyu Ilias, Executive Director of the group, said this in a statement on Wednesday in Abuja. He said commercial banks operating in the country had been confiscating cards belonging to customers of other banks seized by their ATMs.

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