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

Millions of Nigerians hold dormant bank accounts that have remained inactive for years, often because the owners forgot about them, relocate ...

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 ...

The CBN also addressed concerns about data privacy and stated that the disclosure requirements comply with Nigerian data protection laws. The Central Bank of Nigeria (CBN) has revised its rules on ...

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

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

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

The Central Bank of Nigeria (CBN) has issued new directives affecting the Bank Verification Number (BVN), instant payment ...

Punjab National Bank (PNB) has issued a critical deadline for customers holding inoperative accounts. According to an ...

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

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