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Mr Okechukwu Unegbu, a financial expert, has called on the Central Bank of Nigeria (CBN) to check the multiplicity of service charges by Deposit Money Banks (DMBs).
Unegbu, a past President of the Chattered Institute of Bankers of Nigeria (CIBN), made the appeal in an interview with the News Agency of Nigeria (NAN) Sunday in Abuja.
Unity Bank has reported a strong financial performance in the first quarter of 2023, with its managing director, Mrs. Tomi Somefun, making new big promises.
Federalregister.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from federalregister.gov Daily Mail and Mail on Sunday newspapers.
The rise in cashless transactions in Nigeria has been a boon for commercial banks operating in the country, leading to increased profitability, and revenue.