Nigerian Bank Customers Protest Unauthorised Deductions, Seek CBN Intervention

Bank Customers deductions

Nigerian Bank Customers Protest Unauthorised Deductions, Seek CBN Intervention. BCAN petitions CBN, vows stronger advocacy against exploitative charges. Banks defend deductions, citing compliance with CBN tariff guide. Bank customers across Nigeria are voicing growing frustration over what they describe as unauthorised and excessive deductions from their accounts, urging the Bank Customers Association of Nigeria (BCAN) … Read more

Subsidy: Bank Charges Removal, Pension Cut Will Ease Sufferings, Chidoka Tells Tinubu

Subsidy effect

Former Aviation Minister Osita Chidoka advises Tinubu to ease hardship caused by fuel subsidy removal by eliminating bank charges and reducing pension contributions. Chidoka proposes removing bank transfer charges and implementing a flat rate for IT support, while also reducing employees’ pension contributions. These measures would increase disposable income and alleviate financial burdens for workers. … Read more

Customers Lament Indiscriminate Bank Charges

Customers have lamented indiscriminate Bank charges. EKO HOT BLOG reports that customers have been lamenting about indiscriminate and unexplained charges on their accounts by various banks. The bank customers, in separate interviews with the News Agency of Nigeria (NAN) in Abuja on Saturday, complained that attempts to get clarification from their banks were usually met … Read more