Tag: Customers

FG Targets N66bn Revenue From Imposed Stamp Duty On Bank Customers In 2016

The Federal Government is targeting an additional N66.1 billion revenue in 2016 from an imposed stamp duty of N50 on bank customers for money received into their accounts. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, gave the indication while speaking with newsmen on the sideline of the[Read More…]

No Bank Will Profit From N50 Stamp Duty CBN Imposed- Says Skye Bank Chief

Contrary to insinuations in some quarters, the Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Timothy Oguntayo, has declared that deposit money banks (DMBs) are not expected to make any profit from the N50 stamp duty levy imposed on bank customers by the federal government. He made this[Read More…]

Jaiz Bank Plc Denies False SMS Indicating Multiple Accounts With Different Banks

The management of Jaiz Bank in a statement has said their attention has been drawn to a recent SMS indicating that you can open a Jaiz Bank account with another Bank. The statement issued reads, “We want to use this medium to appeal, to disregard such message as it is[Read More…]

NERC Urged To Ensure Customer Satisfaction In Service Delivery

The management and staff of the Nigerian Electricity Regulatory Commission (NERC) have been told to hold electricity customers in high esteem as customer management will produce success. Editor of the Guardian Newspapers, Martins Oloja, gave this advice during the quarterly Distinguished Visitor Lecture series, an initiative of the NERC, which[Read More…]

CBN Orders Nigerian Banks To Refund Excess Charges To Customers

The Central Bank of Nigeria orders Deposit Money Banks to refund illegal fees charged customers over a period of one year in a circular dated June 12, was signed by the Director, Financial Policy and Regulation Department, CBN, Mr. Franklin Ahonkhai. Circular titled, ‘Implementation of the revised guide to bank charges[Read More…]