Archives Tag: Bank Withdrawals

BUSINESS

Why the CBN Has Introduced New Charges on Bank Deposits and Withdrawals

April 19, 2022

The Central Bank has announced that it will be imposing charges on deposits and withdrawals made from bank accounts in Nigeria. It says the new fees come into effect starting September 18. Details of the policy were disclosed in a circular issued by the apex bank on Tuesday. In it, the Director, Payments System Management, … Continue reading Why the CBN Has Introduced New Charges on Bank Deposits and Withdrawals

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