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House to probe arbitrary charges, deductions by commercial banks

By Linus Aleke, Abuja  The House of Representatives yesterday directed its yet-to-be-constituted Committee on Banking and Currency to probe the…

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Examining sharp practices by commercial banks amid customers’ agony

Linus Aleke In Christianson, opinions are divided on the existence of ‘hell fire’. While, some opined that God had prepared…

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Customers groan as banks prioritise POS agents

By Linus Aleke Commercial banks, otherwise known as Deposit Money Banks now give priority attention to Point of Sale (POS)…

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Igbo traders send SOS to CBN over multiple charges/deductions by commercial banks

The South East Amalgamated Markets Traders Association (SEAMATA), has sent a “Save Our Souls (SOS)” signal to the Central Bank…

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Diri to restructure Bayelsa’s N150.60bn loans

Governor Douye Diri of Bayelsa has received the approval of the Bayelsa House of Assembly to restructure the state’s commercial…

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Desist from Foreign Exchange malpractices, CBN warns commercial banks

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence and desist from…

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