Tag: CBN

BREAKING: CBN Approves Merger Of Two Banks In Nigeria

The Central Bank of Nigeria (CBN) announced on Tuesday its approval of a significant financial accommodation to facilitate the proposed merger between Unity Bank...

CBN Reveals Those Who Can Claim Funds In Dormant Accounts

The Central Bank of Nigeria (CBN) has clarified that next of kin, legal representatives, and beneficial owners are now authorized to claim unclaimed balances...

CBN Reveals Dormant Accounts Classification

The Central Bank of Nigeria (CBN) has clarified that only accounts inactive for over 10 years will be classified as dormant and used for...

What CBN Did With $148m On July 22 And 23, 2024

The Central Bank of Nigeria (CBN) has sold a cumulative $148 million to authorized dealers in the Nigerian Foreign Exchange Market (NFEM) to enhance...
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