The Central Bank of Nigeria (CBN) has ordered 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 cheques, on the accounts, have been blocked but can receive inflows.
This was contained in a circular signed and released on Thursday by Haruna B. Mustapha, director of banking supervision, on Thursday, also instructed banks to send details of the accounts.
The CBN last year also instructed banks to freeze accounts of 38 companies including permier Lotto, owned by Adebutu Kessington, a Nigerian businessman popularly known as “Baba Ijebu”.
“You are hereby directed to place all accounts of the under-listed customers on Post-No-Debit (PND) restriction,” the circular reads.
The affected companies 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 are Advanced Multi-Links Services Limited, Spray Resources, Al-Ishaq Global Resources Limited, Himark Intertrades, Charblecom Concept Limited, Wudatage Global Resources.
Also included are Treynor Soft Ventures, Fyrstrym Global Concepts Limited, Samarize Global Nigeria Limited, and Zahraddeen Haruna Shahru.
The apex bank did not state any reason for the action.
The affected accounts belong to bureaux de change (BDCs), construction firms, investment companies, laundering services, and property companies.
According to TheCable, the development may be connected to the ongoing clampdown on illegal foreign exchange trading since the ban on forex sales to BDCs.
A MUST TO READ: We wish to add you to our WhatsApp Database to get our trending and latest news directly into your WhatsApp Box as the news breaks.
Kindly CONTACT US 08072633727 📲 on WhatsApp/Call📞
Also, For your Advert Placement, Publicity, Press Release, Personality Promotion, Special Report, Featured story, Conference, Interviews, And So On.
THE Nigerian gospel music scene has been plunged into grief following the death of Taiwo…
News Update A female operative of the Nigeria Security and Civil Defence Corps, NSCDC, has…
News Update Explosions were heard in the Haifa area in northern Israel on Saturday following…
Osun Online Publishers Association Celebrates Comrade Sodiq Lawal of Dailyimpact on His Birthday The leadership…
Edo State Governor, Monday Okpebholo, has said he will relinquish his seat if President Bola…
THE Federal Government has unveiled a partnership initiative aimed at equipping over six million Nigerian…