CBN Plans Stricter Fines on Banks for Non Compliance with Regulations

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Central Bank of Nigeria (CBN) is preparing to impose stricter fines on banks that fail to comply with regulatory standards, according to Jamiu Rabiu, deputy director, Consumer Protection Department of the apex bank. Rabiu, spoke in response to banks’ lacklustre compliance with consumer protection standards at a high-level policy roundtable on financial inclusion for Persons […]

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