Metro News

CBN Cracks Down on Banks, Slaps N430 Million Penalty Over Customer Complaints

The Central Bank of Nigeria (CBN) has sanctioned several financial institutions with fines totaling ₦430 million for failing to address customer complaints promptly and for disregarding regulatory directives, Peak Newspaper reports. The move highlights the regulator’s growing commitment to protecting consumers and improving service standards across the banking industry.Details contained in the CBN’s 2025 Annual […]