CBN removes affidavit requirement for reactivating dormant accounts

Dailytrust | 16-03-2026 01:23pm |

The Central Bank of Nigeria (CBN) has revised its guidelines on the management of dormant bank accounts, removing the mandatory requirement for customers to present affidavits when seeking to reactivate such accounts. The development was disclosed in a circular dated March 12, 2026, and addressed to banks and other financial institutions across the country. In

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