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: Deposit Money Banks
Banks Refund over N6.2 Billion Illegal Charges in 2015-CBN
—-Urges Customers to Report Rogue Banks By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday disclosed that Deposit Money Banks (DMBs) in Nigeria have been compelled to refund the sum of over N6.2 billion to affected customers on illegal charges in 2015 alone. The CBN said this is […]
Authoritative: CBN Has Not Stopped Forex For Medicals, School Fees
February 13, 2016/The Will A Seniour officer at the Central Bank of Nigeria (CBN) has authoritatively denied news reports suggesting that the bank had given approval for an end to forex sales for foreign medicals and school fees. The officer, who spoke exclusively to THEWILL, disclosed that the issue was […]
