CBN Seeks Transfer Of Funds In 10 Year-Old Dormant Accounts Into T-Bills

The Central Bank of Nigeria, CBN has proposed that banks transfer funds in accounts that have been dormant for up to 10 years into a Trust Fund which will ultimately be invested in Treasury Bills. The proposal was contained in the guidelines on the management of dormant accounts, unclaimed balances, and other financial assets in … Continue reading CBN Seeks Transfer Of Funds In 10 Year-Old Dormant Accounts Into T-Bills