CBN Waives Affidavit Requirement For Dormant Account Reactivation

The Central Bank of Nigeria (CBN) has waived the affidavit requirement for reactivating dormant bank accounts, easing access to long-stagnant funds for millions of Nigerians. This move aims to unlock billions of naira trapped in inactive accounts, boost financial inclusion, and reduce compliance costs for customers amid ongoing economic reforms. In a circular issued to […]