Central Bank of Nigeria (CBN) ‘s Unclaimed Dormant Account Policy is a Good Policy

The summary: “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 [...]The post Central Bank of Nigeria (CBN) ‘s Unclaimed Dormant Account Policy is a Good Policy appeared first on Tekedia.

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