Popular Nigerian comedian and filmmaker, Ayo Makun, widely known as AY, has voiced his concerns regarding the exorbitant service charges imposed by Nigerian commercial banks. He questions how these banks consistently declare trillions of Naira in profits every quarter, despite the country’s struggling economy. AY Challenges Nigerian Banking Fees Taking to his X (formerly Twitter) […]
The House of Representatives is taking action to protect Nigerian bank clients from the increasing threat of fraudulent, unapproved deductions by commercial banks. This comes after a “Bill for an Act to amend the Banking and Other Financial Institutions Act 2020 and for Other Related Matters” was read a second time. The bill, led by […]