1. P

    Business CBN Proposes Fresh N50 Charge On Cheque Leaflets

    The Central Bank of Nigeria (CBN) is proposing a N50 charge on every cheque leaflet obtained and used at the deposit money bank’s counter. According to theCable, this is not the same as the collection charge on cheques, which is also proposed to be “one percent of cheque value or Naira...
  2. M

    How To Avoid Unnecessary Bank Charges On Your Account

    With more than a third of Africans struggling to pay debts, people need to watch their bank accounts closely for unnecessary charges. Even a handful of bank charges could push a person deeper into debt, making it difficult to recover financially. The following tips would help reduce or...
  3. M

    Business Banks May Lose N2.378bn Over March 1 Customers’ Protest

    Nigerian banks may lose an estimated N2.37 billion in revenue if customers heed to the planned sit out protest on March 1, 2016. The protest tagged, #NoBankingDay, is being mobilized by concerned advocacy groups to press home some demands arising from complaints from aggrieved millions of...
  4. P

    Business Fresh Trouble For MTN As FG Files Criminal Charges Against It

    The Nigerian Copyright Commission (NCC) has filed criminal charges against MTN Nigeria Communication and its Chief Executive Officer, Ferdi Moolman, over alleged copyright infringement. The charge, with number ABJ/CR/379/2015, filed in the Federal High Court, Abuja, was obtained by the News...