Friday, July 3, 2026

Dormant Bank Accounts

April 14, 2023

CBN to take over money in dormant bank accounts

After implementing the CBN’s latest directive, banks will forfeit custody of the billions of naira currently held in various dormant accounts.

Central Bank of Nigeria and CBN Governor, Godwin Emefiele
January 6, 2021

FG to acquire unclaimed dividends, funds in dormant bank accounts

Bank accounts owned by all tiers of government, or any of their ministries, departments or agencies are exempt from the acquisitions.

Finance minister Zainab Ahmed (Credit: Twitter)

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