CBN Moves To Mop Up Funds In Dormant Accounts : comparemela.

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 account.

Related Keywords

Nigeria , Nigerian , Chibuzor Efobi , Central Bank , Unclaimed Balances Trust Fund Pool , Regulation Department , Unclaimed Balances Trust Fund , Dormant Accounts , Unclaimed Balances , Financial Policy , Treasury Bills , Unclaimed Balances Trust Fund Pool Account , Finance Act , Federal Government , Deposit Money , Allied Matters Act ,