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Bank customers speak on Banks’ N138bn e-payment charges

COMMERCIAL banks earning N138 billion in 2016 from e-payment charges is a recorded progress on the side of the CBN and commercial Banks. But the question is: how are they utilizing the money. The amounts acquired are not being used to produce any infrastructure or aid the situation of the economy. We pay tax on our money. We pay high fees for e-payment transactions. It is like paying multiple taxes. To me the amount accumulated is too much.

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BoI dragged to court over Lord Rumens’ N5.6bn Estate

THE children of a Lagos socialite, late Chief Olatunji Ajisomo Alabi, a.k.a, Lord Rumens, have filed a suit against the Bank of Industry Investment and Trust Company Ltd before a Lagos State High Court, over alleged mismanagement of their father’s N5.6billion estate. The children who are Babatunde, Oladipo, Subuola, Awojuola, Rukayat, Olukemi and Adeola Alabi, had on May 9, 2017 filed a suit before the court stating that their late father appointed BoI Investment and Trust Company Ltd as trustees of his estate in his will dated July 30, 1996.

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