Nigerians are to pay the new transfer levy of N50 for a N10k transaction and above, imposed by the CBN. Let's not forget that Nigerians are already paying excessively for SMS notifications, monthly maintainance, bank cards, ATM usage, VAT, etc. We also pay heavily to purchase data used to use these bank services thru apps, and spend heavily to purchase fuel, diesel, or solar used to power the gadgets used.
You will think a govt that wants to encourage cashless policy will make smarter decision; But no, and to make matters worse, this ridiculous decisions also affects Fintech platforms.
A lot of Nigerians stopped using traditional banks due to excessive charges, only for the govt to still frustrate their efforts.