Nigerians who deposit or withdraw N500,000 and above will now pay between 1.5 per cent and 7.5 per cent charges, according to a new banking policy.
The new policy was approved by the Bankers’ Committee of the Central Bank of Nigeria on Thursday.
The Director, Banking & Payments System Department of the Central Bank, Dipo Fatokun, explained the new charges on individual and corporate deposits
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