Ahh!!! See the latest of New CBN Policy for Current Account Holders
Issorai, just Yesterday, the Central Bank of Nigeria (CBN) introduced yet another policy that affects Nigerian bank current account holders.
Earlier this week, they introduced a ‘stamp duty’ – Read here if you missed it. Stamp
duty means you pay to receive money – 50 Naira for every single credit
transaction above 1,000 Naira, as long as you have a current account.
As if that is not enough, The
CBN has now implemented a negotiable ‘current account maintenance fee’ –
it will be at most One Naira per every One Thousand Naira spent from
your current account.
If you’d like to stay ahead of CBN’s policies, you can see all circulars on their website here.
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