Tier -1 bank, GTCO Plc, has raked in the sum of N15.6 billion as account maintenance charges in the first half of this year.
This was N5.2 billion higher than the N10.4 billion recorded by the bank in 2023.
According to the Central Bank of Nigeria (CBN), account maintenance fees are charged on current accounts only in respect of customer-induced debit transactions to third parties and debit transfers/lodgements to the customer’s account in another bank
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
