Tag: bank charges

Senate directs CBN to suspend ATM card maintenance charges

The Nigerian Senate has asked the Central Bank of Nigeria (CBN) to direct commercial banks to increase the maximum amount customers can withdraw from automated teller machines (ATMs) to N40,000…

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We have recovered N50bn excessive bank charges on customers – CBN

The Central Bank of Nigeria (CBN) said it has recovered over N50 billion as excessive charges imposed on customers by banks so far. CBN spokesperson, Isaac Okorafor, said this at…

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