CBN lifts ban on Bamboo, Nairabet, AbokiFX, 437 accounts
The apex bank also instructed banks to notify the concerned customers of the development. | Pulse Nigeria
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The apex bank also instructed banks to notify the concerned customers of the development. | Pulse Nigeria
A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts have been blocked but can receive inflows.
The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on 440 bank accounts of individuals and companies. The new directive is contained in a circular issued on Tuesday, which was signed by A.M. Barau on behalf of the CBN director of banking supervision. The apex bank, however, asked the deposit money banks to inform the affected customers of the new development.
July 26, 2023. Azonuchechi Chukwu. The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts have been blocked but can receive inflows. The circular, signed by A.M. Barau |
The Central Bank of Nigeria, CBN, has directed banks to lift the post-no-debit restriction placed on the accounts of 440