Tag: Bank customers

Fraud losses decline in Nigerian banks in Q1 2024 - Report
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Bank customers pay N133.89bn in electronic money transfer levy

Nigerian bank customers paid a total of N133.89 billion in electronic money transfer levies to the government between January and August this year, according to the 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper. The levy, N50 per transaction, is deducted by banks on behalf of the government for every transaction of N10,000 and […]