1 You can get your money back from online fraudsters (If you can follow through). CBN has now mandated all banks to open a fraud desk to handle cases. The bank will investigate, prosecute and reverse such dubious transactions even though the scammer has withdrawn the money. 2. Say you[Read More…]
Tag: CBN
GTB, Ecobank still charge customers N52.50 electronic transfer despite new CBN policy
Guarantee Trust Bank, and Ecobank are still charging customers 52.50 kobo per electronic transaction despite new CBN policy. A customer of guarantee trust Bank plc told CONSUMERS’ ASSEMBLY recently in Lagos that, the bank charged her 52.50 kobo for transferring transferring 10 thousand to another person on the 3rd of[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]