The Senate has begun the investigation of commercial banks across the country, over excessive charges on their customers’ accounts.

In order to effect the ongoing probe, the ninth senate mandated the Senator Uba Sani, All Progressives Congress (APC), Kaduna Central-led Committee on Banking, Insurance, and other Financial Institutions, to carry out a holistic investigation into the matter.

Similarly, the Senate also directed the Central Bank of Nigeria (CBN) to look into the bitterness of Nigerians in this regard and review the charges on their bank accounts.

Read Full Story -> https://newsrand.com/2020/10/08/senate-launches-investigation-of-banks-over-excessive-charges/

Investigation that won't lead to any solution, is that one an investigation?

backnbeta:
Investigation that won't lead to any solution, is that one an investigation?

Calm down !!!!!!!!!!! There must be investigation before action and we Nigerians knew Banks are over charging Nigerians but their outcome will still tell us if they are dullard than the oga at the top who believed Nigerians prices of foods is very cheaper than any where in the wold . but on a serious note !!! Change your thought bcs negativity always bring sadness while positivity is a product of progress and happiness. It is too early to conclude their action negatively.

Nigerian bank and bankers are armed robbers in suit

adekolaelect:
Calm down !!!!!!!!!!! There must be investigation before action and we Nigerians knew Banks are over charging Nigerians but their outcome will still tell us if they are dullard than the oga at the top who believed Nigerians prices of foods is very cheaper than any where in the wold . but on a serious note !!! Change your thought bcs negativity always bring sadness while positivity is a product of progress and happiness. It is too early to conclude their action negatively.

False hope is not good sir...I used to have high hopes in matters like this, but recent events made me realize it's all a way to calm fraying nerves while they carry on
SARS still harassing people despite the IG's order
NLC won't protest hike in electricity price despite workers' outcry
MTN charging extra 10k per SMS despite NCC's intervention
Discos still giving estimated bills after all the meetings and agreements
Multichoice has increased the price of their packages twice inspire of government directives

Nothing is changing with the investigation sir... because we are too complacent and our rulers know our weakness

backnbeta:

False hope is not good sir...I used to have high hopes in matters like this, but recent events made me realize it's all a way to calm fraying nerves while they carry on
SARS still harassing people despite the IG's order
NLC won't protest hike in electricity price despite workers' outcry
MTN charging extra 10k per SMS despite NCC's intervention
Discos still giving estimated bills after all the meetings and agreements
Multichoice has increased the price of their packages twice inspire of government directives

Nothing is changing with the investigation sir... because we are too complacent and our rulers know our weakness

I concurred !!!! Nothing is working in Nigeria but our individualist lives must be full of good hope .