Home Business CBN returns over N82m from commercial banks customers in Katsina
Business

CBN returns over N82m from commercial banks customers in Katsina

Share
CBN logo
Share

The Katsina state branch of the Central Bank of Nigeria (CBN), says it facilitated the refund of N82.04 million to customers of commercial banks in the state in 2019, arising from 57 complaints received by the apex bank.

Alhaji Dahiru Usman, Controller in charge of CBN Katsina branch, disclosed this to the News Agency of Nigeria (NAN), on Saturday while reviewing the achievement of the bank in 2019.

Usman explained that most of the complaints centred on Automated Tenant Machine (ATM) dispense errors, wrong transfers, failed transfers, fraud among others.

He said that 49 of those cases were resolved while eight were still pending.

“Overall, the total sum of N82.04 million was refunded to the complainers while N1.40million was lost to cyber crimes and e-fraud cases during the period under review.

“We urge commercial banks to intensify efforts in sensitizing their customers in order to curb the menace of cybercrimes,” the controller said.

Usman said that the sensitisation would help in protecting customers and boost their confidence in the financial system.

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Start your career with NNPC Limited

Start your career with NNPC Limited
Start your career with NNPC Limited

Member

Don't Miss

Why is red the colour of Valentine’s Day

Please follow and like us:

‘Many of your veterans are currently underpaid and their allowance…,’ X user reacts to Canadian visa denial of Defence Chief

By Chioma Obinagwam Canada’s refusal to grant visa to Nigeria’s Chief of Defence Staff (CDS), Christopher Musa and other senior military chiefs has...

Related Articles

Tijani, Minister of Technology discuss establishment of National Space Strategy for Nigeria

By Chioma Obinagwam In an effort to develop a National Space Strategy...

Why CBN postponed 299th MPC meeting

By Chioma ObinagwamNigeria’s apex bank, the Central Bank of Nigeria (CBN), has...

Why Trump sanctioned South Africa

By Chioma Obinagwam The United States (U.S.) President, Donald Trump, imposed sanctions...

NCC, Sweden signs pact to improve consumers’ network experience

By Chioma Obinagwam The Chief Executive Officer (CEO), of the Nigerian Communications...

Advertisements