Call to CBN for stronger regulatory action on unresolved frauds and irregularities

By Ayodele Oso In recent years, Nigerian bank customers have faced a troubling wave of frauds, unauthorized transactions, excessive charges and administrative lapses by financial institutions. Many of these issues, escalated to the Central Bank of Nigeria’s Consumer Protection Department (CPD, recently re-named Consumer Protection and Financial Inclusion Department), have lingered unresolved for months or even […] The post Call to CBN for stronger regulatory action on unresolved frauds and irregularities appeared first on Vanguard News .

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