The Senate has mandated its Committee on Banking, Insurance and Other Financial Institutions to cause an investigation into illicit and excessive bank charges by Commercial banks operating in the country. This was even as the upper chamber urged the Central Bank of Nigeria to look into the complaints of Nigerians in this regard with a view to reviewing downward all charges on their bank accounts. The resolutions were reached sequel to the consideration of a motion sponsored by Senator Patrick Abba Moro (PDP – Benue South). The lawmaker in his…
Senate demands probe of Commercial Banks over illicit, excessive charges
