The Central Bank of Nigeria (CBN) has announced plans to review the excessive transaction alerts and customer charges imposed by banks. This decision comes in response to concerns raised by bank users regarding confusing debit notifications and unexpected deductions from their accounts. CBN Governor Olayemi Cardoso made this statement during a press briefing following the 305th meeting of the Monetary Policy Committee (MPC), emphasizing the bank's commitment to addressing these issues for the benefit of consumers.
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