The Central Bank of Nigeria (CBN) has announced its plan to harvest funds from unclaimed balances, dividends and dormant accounts, potentially putting them in Nigerian Treasury Bills (NTBs) and other government securities. This announcement comes as part of the newly released “Guidelines on Management of Dormant Accounts, Unclaimed Balances, and Other Financial Assets in Banks [...]The post Nigeria Discloses plans to Harvest Unclaimed Balances, Dividends and Funds in Dormant Accounts appeared first on Tekedia.
Related Articles
Don't miss out on breaking stories and in-depth articles.