99.4% of bank accounts hold less than N500,000
According to data from the Nigeria Deposit Insurance Corporation (NDIC), less than N500,000 is held in 99.4% of bank accounts in Nigeria. This was said in Gombe on Tuesday by…
Nigerian Central Bank Moves To Grab Unclaimed Funds In Banks, Dormant Account Balances
The Central Bank of Ivory Coast has announced that it will transfer all inactive account balances and unclaimed funds from banks into a special account it has set up. This…