Some bank customers have frowned at their banks’ for not complying with the new guidelines for charges on Automated Teller Machine (ATM), released by the Central Bank of Nigeria (CBN). Some of the customers who spoke to the News Agency of Nigeria (NAN), in Abuja, regretted that banks had now devised a means of deducting
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CBN Urged to Charge N25 for N100,000 and Below Transactions
The Nigeria Employers’ Consultative Association (NECA) has urged the Central Bank of Nigeria to include transactions between N50,000 and N100, 000 among those that attract N25 charges in consideration of lower-income earners in the society. The Director General, NECA, Dr Timothy Olawale, said this in Lagos in a statement applauding the CBN on its recently
Read moreBanks Refund N76.75bn, $20.90m to Customers – CBN Reveals
The Central Bank of Nigeria has revealed the amount of money refunded to bank customers as of November 30, 2019, stood at N76.75 billion and 20.90 million dollars. The Director, Consumer Protection Department of CBN, Mr Kofo-Abdulsalam Alada, said this at a workshop for business editors and members of the Finance Correspondents Association of Nigeria
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