A new report by Agusto & Co. Limited has shown that in the 2020 fiscal year, the banking industry in Nigeria recorded a decline in electronic banking (e-banking) income. In the report by the nation’s foremost research house and rating institution, it was stated that the drop was by 27.3 …
Read More »CBN Recovers Over N89 Billion Excess Bank Charges
The Central Bank of Nigeria, CBN, has disclosed that it has so far recovered N89.2 billion excess and illegal charges slammed on customers by banks in Nigeria. Meanwhile the apex bank also said that Nigeria’s financial system is sound, resilient and stable contrary to rumors in unnamed quarters. The CBN …
Read More »