-
Dear Nigerians, you will start paying for bank deposits from September 2019 says CBN
The apex bank in Nigeria, the Central Bank of Nigeria has announced that Nigerians will start paying for bank deposits and withdrawals starting from September, 2019. In its quest to implement the cashless policy in Nigeria, the charges on deposits and withdrawals starting from Wednesday, September 18, 2019, which will commence in Lagos, Ogun, Kano, […]
-
Woe unto bad debtors, loan defaults will be charged with deposit from other banks
The Central Bank of Nigeria (CBN) has announced that loan defaulters will be charged with deposit from other banks. This decision comes after the Apex bank discovered the shortcoming in the loan granting system. There has been lot of deliberate loan defaulters just because there is no platform to charge them from other banks. Addressing […]
