Connect with us

Business

Don Jazzy blast CBN to charge for deposits and withdrawal

Published

on

Earlier on the Central Bank of Nigeria (CBN) on Tuesday September 17, said there would be an implementation of policy which would signal the imposition of charges on deposits and withdrawal.

According to the CBN, the effect will start from Wednesday September 18, and it will attract 3% processing fees for withdrawal and 2% fee for deposits of amount above N500,000 for individual account.

Following the wide spread news, Nigerian popular singer and music producer, Don Jazzy, react to the new policy in a tweet, which he said that the new policy reeks of a desperate move by CBN to generate revenue.


PAY ATTENTION: Get the Latest Nigerian News on FiveStarDiary.com News App

See tweet below:

Read some reactions by Nigerians

Advertisement
Comments
Advertisement
Advertisement