Customers Rush to Reactivate Dormant Accounts Amid New CBN Guidelines
In response to recent directives from the Central Bank of Nigeria (CBN) concerning dormant accounts, numerous bank customers flooded their ...
Tag: dormant accounts
CBN to Classify Inactive Accounts Over 10 Years as Dormant for Investment Purposes
The Central Bank of Nigeria (CBN) has announced a new policy clarifying that only accounts inactive for over ten years ...
CBN Issues New Guidelines for Recovery of Funds from Dormant Accounts
The Central Bank of Nigeria (CBN) has introduced new regulations to facilitate the recovery of funds from dormant accounts. These ...
Nigeria Sees Surge in Active Bank Accounts, Reaches 219.6 Million in March 2024 – NIBSS
Nigeria's banking sector experiences a notable uptick in active bank accounts, reaching a total of 219.6 million in March 2024, ...
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