Tag:
accounts
News
Terrorism Financing: FG Freezes Bank Accounts of Simon Ekpa, 16 Others
The Federal Government of Nigeria has taken a strong stand against individuals and entities suspected of financing terrorism by freezing the bank accounts of...
Business
CBN Orders Banks to Publish Dormant Accounts, Unclaimed
The Central Bank of Nigeria (CBN) has set in motion a sweeping financial transparency initiative aimed at bringing dormant bank accounts and unclaimed balances...
News
Kano Uncovers Billions Diverted into Private Accounts from Public Revenue
In a shocking revelation that has sent ripples through the state’s financial ecosystem, Kano State has uncovered a massive fraudulent scheme where billions of...
Business
CBN Unlocks Dormant Accounts: Beneficiaries Can Now Claim Funds!
In a significant policy shift, the Central Bank of Nigeria (CBN) has approved a process allowing next-of-kin, beneficiaries, and legal agents to claim funds...
Business
LG Autonomy: CBN to Open Direct Accounts for 774 Councils
In a move aimed at promoting financial autonomy and accountability at the grassroots level, the Central Bank of Nigeria (CBN) is set to open...
Business
Court Freezes 21 Bank Accounts, in Alleged Money Laundering Scandal
In a dramatic move against financial crimes, the Federal High Court in Abuja has ordered the temporary freezing of 21 bank accounts suspected of...
News
Court Slashes ICPC’s Power to Freeze Accounts: Now Limited to 72 Hours
A recent ruling by the Federal High Court in Abuja has restricted the powers of the Independent Corrupt Practices and Other Related Offences Commission...
News
Reps Give Tinubu 72 Hours to Unfreeze NSIPA Accounts, Pay N-Power Beneficiaries
The House of Representatives has issued a 72-hour ultimatum to President Bola Tinubu, urging him to direct the Minister of Finance, Wale Edun, to...