CBN fines banks N430m for failing to resolve customer complaints

Key points Main Story The Central Bank of Nigeria (CBN) has imposed N430 million in penalties on financial institutions for failing to promptly resolve customer complaints and comply with regulatory directives, reinforcing its commitment to consumer protection in the banking sector. The sanctions, contained in the apex bank’s 2025 Annual Report, showed that 21 penalties … Continue reading CBN fines banks N430m for failing to resolve customer complaints