By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) last weekend said it’s currently reviewing the extant Guide to Bank Charge, which came into effect on April 1, 2013. The CBN says the review which is in line with the philosophy of periodically ensuring that the provisions of the guide […]
Tag: bank charges
Nigerians Declare Showdown With Banks Over High Bank Charges
February 29, 2016/The Will A group, Consumer Advocacy Foundation of Nigeria (CAFON), is leading the protest to boycott banking activities on Tuesday, to protest alleged exorbitant deductions and unnecessary bank charges. According to reports gathered by THEWILL, the not-for-profit group, dedicated to advocacy for consumer rights and protection has declared […]
Presidency, police insurance, bank charges to gulp N556m
The Presidency, ministries of Agriculture and Rural Development and Finance, as well as police formations and commands, among others, are to spend the sum of N555.98m on financial expenses such as bank charges and insurance premium this year. The amount is contained in the 2014 budget proposals for the affected […]
