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bank charges

Downward review of bank charges will affect bottom line of banking industry — CIBN

The Chartered Institute of Bankers of Nigeria (CIBN) said on Sunday that the downward review of bank charges would affect the net earnings and income of the Banks. Dr. Uche Olowu, the CIBN Chairman, told News Agency of Nigeria (NAN), however, that the review was designed to ameliorate people’s complaints about the charges. “So, the […]

Bank charges’ slash: Customers laud CBN

CBN n Bank charges

Abuja – Banks customers on Monday commended the Central Bank of Nigeria (CBN) for its move to slash various banks charges. A cross section of customers, who spoke with News Agency of Nigeria (NAN) in Abuja on Monday, described the development as being in the right direction. There are evidence to prove subtle islamisation, nepotism; […]

CBN reviews bank guidelines, slashes charges

CBN n Bank charges

Abuja – The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for banking services. This is contained in the new guidelines for banks, other financial, and non-bank financial institutions released by the apex bank on Sunday in Abuja. According to Mr Isaac Okorafor, the bank’s Director,  Corporate Communications Department, the guidelines will […]