The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up to 10 years into a trust fund account. This is contained in the recently released exposure draft of guidelines on the Management of Dormant Accounts, Unclaimed Balances and Other Financial Assets in Banks and Other Financial Institutions In Nigeria. READ ALSO: Real Estate Expert, Adenike Adewunmi-Adebisi, Dies With Pregnancy Kenya Opposition To Resume Anti-Government Protests JUST IN: Bayern Suspend Sadio Mane After Sane Dressing Room Quarrel Elon Musk Announces Final…
Read MoreCBN To Mop Up Dormant Account Balances, Unclaimed Funds
