Central Bank extends deadline for accounts update
The Central Bank of
Nigeria (CBN) has extended the deadline for the revalidation of
accounts by customers of commercial banks to January 31.
A statement by
Mohammed Abdullahi, the bank’s head of corporate communication, said in
Abuja on Monday that the extension followed public response to the
exercise.
“Having reviewed
the progress made so far and the response of the banking public, the
Central Bank has extended the deadline for the information update of
bank accounts from December 31, 2010 to January 31, 2011,” it said.
The apex bank had
earlier directed that any customer who failed to comply with the
directive would have his or her account(s) suspended with effect from
January 1.
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