Don Jazzy Reacts: CBN On New Bank Deposit, Withdrawal Policy - Celebrities - Nairaland
Nairaland Forum / Entertainment / Celebrities / Don Jazzy Reacts: CBN On New Bank Deposit, Withdrawal Policy (397 Views)
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| Don Jazzy Reacts: CBN On New Bank Deposit, Withdrawal Policy by sanusi007: 8:33pm On Sep 18, 2019 |
Nigerian music producer and CEO of Mavin Records, Don Jazzy has reacted to CBN’s latest policy to attach charges to cash deposits or withdrawals made by customers. NAIJALOADED reports that the Central Bank of Nigeria announced that deposits or withdrawals above N500,000 by customers will attract charges going forward. The objective of the “transaction fees” is to give vent to the Central Bank’s policy designed to reduce cash in use. CBN Payments System Management Department Director, Sam Okojere on Tuesday announced the take-off of the charges in a statement. However, reacting via Twitter, Don Jazzy said the purpose of the new policy was...continue reading on Naijaloaded |
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