ATM usage in NIgeria exceeds UK, Ghana.

Its has been recorded that the percentage of users of the automated teller machine (ATM) in Nigeria has far exceeded that of the United Kingdom (UK) and Ghana, a technology firm Computer warehouse has said.
Chief Executive officer of CWG, Mr James Agada who disclosed the outcome of an assessment the firm carried out, said the average ATM in Nigeria dispenses thrice the number of notes in Ghana and 10times the number of notes in the UK.
Agada who spoke at an ICT editors workshop which was organized by the technology firm at its group academy in Lekki, Lagos said though the number of the ATM's deployed across the country fell short of the requirement set down by the Central Bank of Nigeria (CBN), it has not deterred users.
"The core issues we have with the ATM's is that we don't have enough of them and the few around are usually overfilled," Agada said.
The CWG chief also spoke bout the background of ATM related frauds in the country, said it is not conversant to the Nigerian environment, but was a global challenge that was receiving attention from various aspects. He said that there was more security in the country than in the United State of America (U.S.A)

" There is nowhere you carry out transactions without the risk of some fraudulent potential, recall the Central Bank of Bangladesh was scammed and lost $80million to fraud which has gone untraced till date.So if the system of Central Bank could be compromised by these fraudsters , no one is spared."

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