CBN Give Banks, PSBs New Condition For Bulk Payments
The Central Bank of Nigeria (CBN) has instructed banks and Payment Service Providers (PSBs) to separate all transactions that would normally categorised as bulk payment...
Tag : Banks
Featured Court Stops Nigerian Banks From Taking Illegal N50 Stamp Duty On Transactions
A Federal High Court sitting in Asaba Delta State has ruled that it’s illegal for banks to charge depositors N50 stamp duty. The ruling delivered...