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Tag "Post-No-Debit (PND) restriction"

‘Bamboo, Nairabet, abokiFX’ — CBN unfreezes bank accounts of 440 persons, companies

The Central Bank of Nigeria (CBN) has asked banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit

CBN asks banks to block accounts of 18 companies

The Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions, including ATMs and

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