Banks have been directed by the Central Bank of Nigeria to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.
Banks have been directed by the Central Bank of Nigeria to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. This is coming two years after the apex bank instructed banks to freeze accounts of 18 companies, ranging from bureaux de change (BDCs), construction firms, investment companies, laundering services, and property companies. The affected companies at the time include Bakori Mega Services, Ashambrakh General Enterprise, Namuduka Ventures Limited, Crosslinks Capital and Investment Limited, IGP Global Synergy Limited, Davedan Mille Investment Limited and Urban Laundry. Others were Advanced Multi-Links Services Limited, Spray Resources, Al-Ishaq Global Resources Limited, Himark Intertrades, Charblecom Concept Limited, Wudatage Global Resources, Treynor Soft Ventures, Fyrstrym Global Concepts Limited, Samarize Global Nigeria Limited, and Zahraddeen Haruna Shahru. Bamboo Systems Technology Limited, Escale Oil & Gas Limited, Rise V...