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.
News Update Rabe Abubakar, a retired major-general and former director of defence information, is dead.…
Veteran Nollywood Kola Oyewo has died. He was aged 80. The disclosure was made in…
News Update THE House of Representatives has expressed deep sorrow over the death of Rep.…
A Nigerian feminist has declared that she would rather not vote at all than obtain…
Nigeria has recorded its highest crude oil production in 11 months, hitting 1.70 million barrels…
THE Concerned Leadership of Political Party Chairmen in Osun State has called on all political…