Curb exploitative charges by banks – Financial expert tells CBN

Mr Okechukwu Unegbu, a financial expert, has called on the Central Bank of Nigeria (CBN) to check the multiplicity of service charges by Deposit Money Banks (DMBs).

According to NAN, Unegbu, a past president of the Chartered Institute of Bankers of Nigeria (CIBN), made the appeal in an interview on Sunday in Abuja.

According to him, banks no longer empathise with their customers.

“What we have now is a situation where the DMBs pile up so many unexplained charges on their customers without offering service.

“The acting CBN governor, Folashodun Shonubi, should pay particular attention to understanding the DMBs and their customers and fully regulate their activities,” he advised.

Often Nigerians have complained about the multiple, unexplained charges being deducted from their bank accounts.

You may also like

Recent News

Emir Sanusi II admitted to study Law at Kano varsity after obtaining PhD from London

Emir of Kano admitted to study Law at university

Dutch Starmer critic barred from UK — RT World News

UK bans Eva Vlaar over migrant crime criticism

Describing Obi as best insult to other ADC leaders  -  Momodu to Obidients

ADC Can Topple Tinubu in 2027

NBA: Milwaukee Bucks at San Antonio Spurs - Source: Imagn

Bucks vs Spurs Preview and Betting Tips Tonight

Scroll to Top