• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

‘Effectiveness!’ CBN governor opens up on recovering N89 billion from banks after complaints from customers

Freelanews by Freelanews
August 6, 2021
in Business
0 0
0
CBN Governor Godwin Emefiele 1200x843 1

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has disclosed that as of June 2021, they’ve recovered about N89.2 billion from commercial banks in the country following investigations and verified complaints from customers of affected banks.

Speaking in Calabar at a 2-day public enlightenment fair, CBN Governor, Godwin Emefiele who was represented by CBN’s Acting Director of Corporate Communications Department, CBN, said the recovery was based on 23,526 complaints they received from customer bordering on charges and other related matters.

He said;

“What we do is that whenever we get these complaints they are thoroughly investigated and if they are found to be true, the CBN makes sure that these customers are properly refunded and we have so far recovered N89 billion.”

The CBN governor also used the forum to dispel fears making the rounds that the apex bank was planning to convert domiciliary or dollar accounts to naira, saying such fears were founded in rumour and blatant falsehood. He said the sensitisation fair aims at providing adequate information on programmes, polices and interventions of the CBN.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Emefiele added;

“The fair is targeted at keeping the public abreast and let them know the policies, programmes and interventions of the bank and how it benefits the people.

“Also the sensitisation is aimed at also disabusing all rumours being peddled about distress in the system. There is nothing like that.

“We want Nigerians to know that there is no iota of truth whatsoever in these rumours.”

freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

Wema Bank
Business

Wema Bank achieves strong capital boost with ₦150bn rights issue

by Quadri Olaitan
September 12, 2025
Glo Foundation
Business

Glo Foundation encourages girls in STEM with N5m prize

by Peculiar Adirika
September 25, 2025
removal of fuel subsidies in Nigeria
Business

Removal of fuel subsidies in Nigeria reduces cross-border smuggling: NNPC GCEO

by Quadri Olaitan
October 14, 2024
Tinubu 2
Business

Nigerians under pressure as electricity tariffs set to increase by 40%

by Rtn. Victor Ojelabi
June 19, 2023
iba habeeb olalekan okunola
Sustainability

‘Congrats!’ Iba Habeeb Okunola to grab Detribalised Philanthropist of the Year at prestigious charity awards Dec 28

by Rtn. Victor Ojelabi
December 26, 2022

Leave a Reply Cancel reply

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

ADVERTISEMENT

Recent News

Nigerian Navy

Nigerian Navy recovers 1,600 litres illegal fuel in Rivers raid

May 10, 2026
Barcelona

Barcelona eye historic title win against Madrid

May 10, 2026
CUSTECH

CUSTECH expels four students over alleged lesbianism, misconduct

May 10, 2026
WhatsApp Image 2026 05 10 at 11.51.49

Rotary International honours ex-Nestlé MD Osunkeye for polio eradication efforts

May 10, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Nigerian Navy

Nigerian Navy recovers 1,600 litres illegal fuel in Rivers raid

May 10, 2026
Barcelona

Barcelona eye historic title win against Madrid

May 10, 2026
CUSTECH

CUSTECH expels four students over alleged lesbianism, misconduct

May 10, 2026
WhatsApp Image 2026 05 10 at 11.51.49

Rotary International honours ex-Nestlé MD Osunkeye for polio eradication efforts

May 10, 2026
May 2026
SMTWTFS
 12
3456789
10111213141516
17181920212223
24252627282930
31 
« Apr    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Cindy Oshodi

    TikToker Cindy Oshodi faces backlash over leaked clip

    0 shares
    Share 0 Tweet 0
  • Chief Julius Johnson-Agiri laid to rest in grand royal style at 88

    0 shares
    Share 0 Tweet 0
  • ‘…Paint my name black’: Ugo’s estranged wife fires back amid explosive cheating allegations

    0 shares
    Share 0 Tweet 0
  • Shocking twist: Dapo Abiodun senate ambition in jeopardy as fresh legal warning emerges

    0 shares
    Share 0 Tweet 0

Just Published!

Nigerian Navy

Nigerian Navy recovers 1,600 litres illegal fuel in Rivers raid

May 10, 2026
Barcelona

Barcelona eye historic title win against Madrid

May 10, 2026
CUSTECH

CUSTECH expels four students over alleged lesbianism, misconduct

May 10, 2026
WhatsApp Image 2026 05 10 at 11.51.49

Rotary International honours ex-Nestlé MD Osunkeye for polio eradication efforts

May 10, 2026
State

The Trinity of State Decay (III): The Architecture of Resurrection

May 10, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.