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Bank Customers Cry Foul Over Repeated Charges, Demand CBN And BCAN Action
Nigerian bank customers have voiced growing frustration over what they describe as unauthorised and excessive deductions from their accounts, urging the Bank Customers Association of Nigeria (BCAN) and the Central Bank of Nigeria (CBN) to intervene and safeguard their rights.....KINDLY READ THE FULL STORY HERE▶
Several customers in Abuja told reporters on Sunday that the repeated charges were not only unnecessary but increasingly burdensome amid the country’s economic challenges. Mrs. Helen Agodo, a First HoldCo Plc account holder, revealed that she had been receiving multiple debit alerts daily.
“In fact, I do not blame some people for keeping their money outside banks. On one day alone, the total debit alert charges I received amounted to ₦1,000,” she said, adding that if such deductions were applied to thousands of customers, the total revenue for banks would be substantial. Agodo appealed to BCAN to engage the CBN and other regulatory bodies to halt the unauthorised deductions.
Cheta Ugochukwu, a customer of Guaranty Trust Bank Plc, described the charges as “unfair and insincere.” She said, “I conduct all my transactions electronically, which I assumed aligns with the CBN’s cashless policy. Yet, I was charged ₦1,146 for SMS alerts in one month, in addition to ₦100 for an electronic money transfer levy, despite regulations stipulating ₦50.” She urged BCAN to raise public awareness and actively engage customers nationwide.
Usman Idris, a Fidelity Bank customer, claimed over ₦3,700 was deducted from his current account as maintenance fees without prior notification. “When I sought clarification, I was asked to submit an official letter. It was shocking because the bank did not seek my permission when debiting my account,” Idris lamented.
In response, a bank official, who requested anonymity, defended the charges, stating they were in accordance with CBN guidelines. BCAN, under the leadership of President Uju Ogubunka, has reportedly written to the CBN regarding the matter. The association, a non-profit advocating for customer rights, serves as a collective voice for both individual and corporate account holders. BCAN has pledged to intensify efforts to curb exploitative charges and promote transparency in Nigeria’s banking sector.
A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶
The demonstrators reportedly gathered outside the parliamentary complex, expressing dissatisfaction with the leadership of the electoral body in Nigeria and demanding immediate action.
They insisted that the INEC chairman should be removed, alleging concerns over credibility and trust in the electoral process as the country prepares for the next election cycle.
The protest drew attention from passersby and security personnel, as the group maintained their position that electoral reforms and leadership changes were necessary to restore public confidence.
Sir Uyi has responded strongly to critics of his involvement in nightclub businesses, insisting that such ventures represent only a small part of his wider activities.....KINDLY READ THE FULL STORY HERE▶
In a firm reaction to recent criticism linked to Vaniti, he stated that people are focusing too much on his nightlife businesses while ignoring other aspects of his work and achievements.
He stressed that his nightclub operations do not define his entire identity or professional portfolio, adding that he is involved in several other ventures beyond entertainment and hospitality.
According to him, the criticism reflects a narrow perception of what he does, and he believes his broader contributions are being overlooked.
Sir Uyi maintained that he remains focused on his various commitments despite public scrutiny surrounding his nightlife business interests.
The Benue State Police Command has confirmed the arrest of seven suspected militia herdsmen in connection with the abduction of passengers travelling in an 18-seater Benue Links bus along the Makurdi–Otukpo road last Wednesday.....KINDLY READ THE FULL STORY HERE▶
The victims, which included candidates of the Joint Admissions and Matriculation Board (JAMB) heading to Otukpo for their examinations, have all been successfully rescued.
Speaking while briefing Governor Hyacinth Alia in Makurdi during the presentation of the freed victims, the Commissioner of Police, Ifeanyi Emenari, said the rescue operation was achieved through coordinated efforts of multiple security agencies.
He explained that five of the abducted passengers were first released, while the remaining 13 were rescued on Sunday morning without injuries.
According to him, the combined pressure from security forces, supported by the state government and the Inspector-General of Police, led to the successful outcome of the operation.
Emenari further disclosed that eight suspects are currently in custody, adding that seven of them are strongly linked to the kidnapping incident, with some victims already identifying them.
He also noted that clearance operations have begun across forest areas in the state to flush out criminal groups, in line with directives from security authorities.
Governor Hyacinth Alia, while receiving the rescued passengers, expressed concern over rising cases of kidnapping in the state but welcomed the safe return of all 18 victims.
He confirmed that among those rescued were eight candidates on their way to write examinations, and called on the Joint Admissions and Matriculation Board (JAMB) to reschedule the affected exams for them.
The governor assured that the state government remains committed to supporting the victims and strengthening security across Benue State, while also urging residents to provide credible information to security agencies.
He further directed the state health authorities to conduct medical evaluations for all rescued persons and promised government support for those affected.
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