Bank account holders have declared today, March 1, 2016 a 'No Banking Day' to peacefully protest the alleged arbitrary, illegal and excessive charges imposed by banks.

Read: Customers to boycott banks today over arbitrary charges

Nigerians have taken twitter, a micro bloging platform to support the protest and share their banking charge experience. See tweets below;

While some made it clear that these alleged bank charges looks small but when multiplied by 10 million account holders then the extortion becomes clear.

Read: Central Bank to award banks, merchants for contribution in cashless programme

"The funny part bout this bank deductions is that it always seem small until you multiply #7.50 by 10million account holders #NoBankingDay," @veetoh says on twitter.

Another account holder shared a screenshot of a debit alert from a commercial bank, Skye Bank Plc. See More tweets below.