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The House of Representatives has resolved to investigate the growing concerns over arbitrary and incessant charges by commercial banks in the country.
To this end, the House urged the Central Bank of Nigeria (CBN) to publish a comprehensive and simplified list of approved bank charges and ensure proper enforcement of penalties against banks found to be in violation.
It also urged the CBN to establish an accessible and efficient complaints redress mechanism for customers affected by illegal or excessive charges.
(Leadership)
