Stanbic Slapped N120m fine for Flouting Consumer Protection Act

In a move considered a signal to all financial services providers in the country, especially banks; where the customers are often left in pickles, The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday, July 13, 2023, has fined Stanbic IBTC Bank the sum of 120 million Naira for contravening Section 130 (1) |

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