Live Breaking News & Updates on Unclaimed Balances Trust Fund Pool Account

Stay updated with breaking news from Unclaimed balances trust fund pool account. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

CBN unveils new guidelines for handling unclaimed funds in Nigerian banks

The Central Bank of Nigeria has responded to requests from Nigerian banks and other banking industry stakeholders regarding how to ha ....

Chibuzor Efobi , Central Bank , Unclaimed Balances Trust Fund Pool , Financial Policy , Unclaimed Balances Trust Fund Pool Account ,

Nigerian Central Bank Moves To Grab Unclaimed Funds In Banks, Dormant Account Balances

Nigeria’s Central Bank says it will mop up all dormant account balances and unclaimed balances in banks into a designated account it has created. CBN announced this in its new Guidelines on the Management of Dormant Accounts drafted in April 2023, which was obtained by The Whistler. According to the apex bank, the balances will be invested in government securities and would be returned to the beneficiaries not later than ten days of notice. ....

Nigeria Central Bank , Unclaimed Balances Trust Fund Pool , Central Bank , Unclaimed Balances Management Committee , Dormant Accounts , Balances Trust Fund Pool Account , Mutual Investments , Unclaimed Balances Trust Fund Pool Account , Unclaimed Balances Management Committee , Investigative Reporting , Breaking News ,