Deductions Archives - KOKOMANSION MEDIA

MTN pays N500,000 to customer for unlawful deductions

May 15, 2018Eben Tanimola

One of the leading telecommunications company in Nigeria, MTN, on Monday paid N500,000 to its customer, Mr Oluwole Aluko, in compliance with a Federal High Court judgment. Aluko, a legal practitioner, had in 2016 sued MTN, alleging unlawful deduction of his call credit. Justice Nathaniel Ayo-Emmanuel of the Federal High Court, Ibadan, had in 2017 […]

Senate to probe illegal deductions and arbitrary charges by commercial banks; proliferation of crypto-currency

January 31, 2018January 31, 2018Ayo Olowo

The Nigerian Senate on Tuesday directed its Committee on Banking to investigate illegal deductions and arbitrary charges on depositors’ funds by commercial banks. It was also decided that the Governor of the Central Bank of Nigeria (CBN) and officials of the central bank, forensic auditors, managing directors of commercial banks and other stakeholders, be mandated […]

Tag: Deductions

MTN pays N500,000 to customer for unlawful deductions

Senate to probe illegal deductions and arbitrary charges by commercial banks; proliferation of crypto-currency

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GTBank Launches Quick Airtime Loan at 2.95%

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