JUST IN: CBN Suspends Processing Fees On Large Cash Deposits

The Central Bank of Nigeria has issued a new directive to all banks, other financial institutions, and non-bank financial institutions, suspending the processing charges previously imposed on large cash deposits. – Advertisement – This change, referenced under the “Guide to Charges by Banks, Other Financial Institutions, and Non-Bank Financial Institutions” dated December 20, 2019 (FPR/DIR/GEN/CIR/07/042), … Continue reading JUST IN: CBN Suspends Processing Fees On Large Cash Deposits