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Anxiety over rising banks borrowing from CBN

A growing culture of apathy among the banking public appears to be taking a dangerous toll on cash deposits across the commercial banks in the country, worsening the lenders’ liquidity challenges in recent time

Nigeria generalHelen obioraJoshua abayomiOjodu bergerMike anyaegbuAbiola oladejoFirst bankCentral bankReserve requirementDeposit ratioStanding lending facilityThursday aprilStanding deposit facilityNigerian treasury billsLagos metropolisJoy onuoha

Accounts dormant for over 10yrs to be moved to Unclaimed Balances Trust Fund Pool Account —CBN

The Central Bank of Nigeria (CBN) has said that accounts that remain dormant will be moved to “Unclaimed Balances Trust Fund Pool Account.” To this

Muhammadu buhariUnclaimed balances trust fund poolUnclaimed balances management committeeRegulation departmentUnclaimed funds trust fundCentral bankBalances trust fund pool accountBalances trust fund poolNigerian treasury billsBalances management committeeFinance actPresident muhammadu buhariFederal governmentUnclaimed funds trustFinancial policy

CBN issues guidelines to convert dormant accounts into Treasury Bills

Article Summary The CBN released draft guidelines for managing dormant accounts and unclaimed balances in banks and financial institutions. The

Muhammadu buhariUnclaimed balances management committeeUnclaimed funds trust fundCentral bankUnclaimed balances trust fund poolBalances trust fund poolNigerian treasuryNigerian treasury billsBalances management committeeFinance actPresident muhammadu buhariUnclaimed funds trust

The Central Bank Assumes Custody Of Bank Dormant Account Funds

Banks would lose custody of billions of naira that are now held in various types of dormant accounts as a result of the CBN's new directive.

Chibuzo efobiExchange commissionRegulation departmentUnclaimed balances management committeeCentral bankUnclaimed balances trust fundFinancial policyNigerian treasury bills

New borrowings shoot Nigeria s debt to N46 25trn – The Sun Nigeria

New borrowings shoot Nigeria s debt to N46 25trn – The Sun Nigeria
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