The Central Bank of Nigeria (CBN) has removed the requirement for customers to present affidavits when reactivating dormant bank ...

The CBN clarified that the removal of the affidavit requirement only applies to dormant accounts that have not yet been transferred to the Unclaimed Balances Trust Fund (UBTF) Pool Account. Customers ...

The Central Bank of Nigeria (CBN) has issued fresh directives to banks, financial institutions and payment service providers ...

The CBN has removed affidavit requirements for reactivating dormant bank accounts, enhancing transparency while allowing ...

The Central Bank of Nigeria (CBN) has revised its guidelines on the management of dormant accounts, removing the mandatory requirement ...

In one of the circulars, the CBN introduced new operational rules for instant payment services in Nigeria as part of efforts ...

Since the Central Bank of The Bahamas (CBOB) began remitting funds in dormant accounts to the public treasury, more than $63 ...

It feels sudden when it happens, but account freezes are usually tied to compliance checks rather than random decisions by ...

The Pension Fund Regulatory and Development Authority (PFRDA) has reclassified the National Pension System's Corporate scheme into 'Legal Entities (Other than Government)' and 'Government Entities'.

Cybersecurity analysts now warn that phishing—the act of tricking people into revealing sensitive information—will intensify in 2026, drivenAI ...

The guide outlines multiple categories of bank frauds including loan, deposit, cyber, and trade finance frauds. It highlights common fraud methods, warning signs, and regulatory reporting requirements ...