Banks violate CBN’s directive, charge customers 2013 COT
Indications have emerged that most Deposit Money Banks (DMBs) still charge their customers N3 per N1,000 Commission on Turnover (COT), despite a Central Bank of Nigeria (CBN’s) directive which stipulated N2 COT for 2014. To this effect, the apex regulator has ordered the affected DMBs to refund such illegal fees charged customers over a period […]