Gunmen have attacked the National Institute for Political and Strategic Studies (NIPSS) in Kuru, Plateau …
Read More »CBN eventually took over the dormant accounts, to invest the funds in government securities.
The Central Bank of Nigeria (CBN) has issued new directives to banks and financial institutions operating in Nigeria on dormant accounts. Under the new directive, the central bank will take over funds in these dormant accounts and invest them in treasury bills and other securities. This is contained in a circular FPR|DIR|PUB|CIR|002|011 issued on Friday by John S. Onojah, Acting …
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