So my unclaimed 36000ngn will disappear.

Abeg make una wait make I do change of name.

Why ole CBN if true.

FreeStuffsNG:
JUST IN: CBN Directs Banks To Transfer Over N200bn Dormant Account Balances, Unclaimed Dividends In FG TBs, Bond




https://thewhistler.ng/just-in-cbn-directs-banks-to-transfer-over-n200bn-dormant-account-balances-unclaimed-dividends-in-fg-tbs-bond/

I don't trust anything Tinubu touches, the guy's wife said they don't need Nigeria's money that they are already rich, yet, he's busy taxing everyone and borrowing money everywhere with nothing to show for it, only to fly around and waste the money on buying yatch, jet, criminally-minded intended projects that don't offer any good to ordinary Nigerians on the street. And now, he wants to lay hostage to people's money in their dormant accounts with false intent. Emefiele and his corrupt Boss used this means to scam Nigerians using MBA Forex, and pretended not knowing anything about the capital investment scheme that robbed Nigerians over 250bn. Now, they're trying to close the case like it never existed.

Nigeria is a crime scene, and Nigerian politicians are fantastically corrupt.

post=131047243:

Nigerians,
Especially those in diaspora,
please go reactivate your dormant bank account now.
Just a phone call will do.
We only pray toi won't fall into the hands of some fraudulent bankers who will capitalize on this by not picking up calls.

Nigeria will be great in our lifetime.

shut it
what do you know?

FreeStuffsNG:

Read the report. If you have funds in dormant account, please go reactivate your dormant bank account now instead of making empty threats online.

Some of the accounts have been dormant for decades and sitting idle in the bank vaults. It makes no difference if it is warehoused with CBN because it doesn't belong to the banks and have been dormant for long.

Btw, FG is not taking away the funds from the owners permanently. The banks should have been repeatedly ensuring that the owners of dormant bank accounts are sensitized to reactivate their accounts but there's nothing the bank can do even of they do so. The real point is that the money is better warehoused with CBN and if the owners need their funds, they go through their banks first to reactivate their bank accounts and get back their funds.
Shikena

IT'S YOUR MONEY AND CBN DON'T HAVE ANY RIGHT TO IT EVEN WHEN THE ACCOUNT IS DORMANT. SOME PEOPLE DELIBERATELY USE THEIR DORMANT ACCOUNT TO SAVE MONEY. THIS MOVE BY CBN WILL AFFECT THE PEOPLE'S TRUST ON BANKS AND THEY WILL STOP PUTTING MONEY IN BANKS

FreeStuffsNG:

Read the report. If you have funds in dormant account, please go reactivate your dormant bank account now instead of making empty threats online.

Some of the accounts have been dormant for decades and sitting idle in the bank vaults. It makes no difference if it is warehoused with CBN because it doesn't belong to the banks and have been dormant for long.

Btw, FG is not taking away the funds from the owners permanently. The banks should have been repeatedly ensuring that the owners of dormant bank accounts are sensitized to reactivate their accounts but there's nothing the bank can do even of they do so. The real point is that the money is better warehoused with CBN and if the owners need their funds, they go through their banks first to reactivate their bank accounts and get back their funds.
Shikena

What about those living abroad how will they reactive their account?

FreeStuffsNG:

Read the report. If you have funds in dormant account, please go reactivate your dormant bank account now instead of making empty threats online.

Some of the accounts have been dormant for decades and sitting idle in the bank vaults. It makes no difference if it is warehoused with CBN because it doesn't belong to the banks and have been dormant for long.

Btw, FG is not taking away the funds from the owners permanently. The banks should have been repeatedly ensuring that the owners of dormant bank accounts are sensitized to reactivate their accounts but there's nothing the bank can do even of they do so. The real point is that the money is better warehoused with CBN and if the owners need their funds, they go through their banks first to reactivate their bank accounts and get back their funds.
Shikena

Hmmm! Easier said than done. With another government in place, you can't predict what will happen.

Ajibo ole!
Ole!

AcuraZDX:


Imagine how shameless you guys are.

Clowns in power looking for every avenue to steal from the citizens.

that econews is like a new recruit
the thing still dey shakamm

Mayflowa:


Federal govt might be slow but they will not owe you. Did you read the part the money will be invested in security like Treasury bills and your money will be returned with interest. that means you may even have 3X your money after 7 - 10 years. This was not the case with bank holding your money.

You crack me up. Your idealistic view is refreshing....

FreeStuffsNG:
JUST IN: CBN Directs Banks To Transfer Over N200bn Dormant Account Balances, Unclaimed Dividends In FG TBs, Bond




https://thewhistler.ng/just-in-cbn-directs-banks-to-transfer-over-n200bn-dormant-account-balances-unclaimed-dividends-in-fg-tbs-bond/

Let them not try this

Hope it's a joke

Cmanforall:


Let them not try this

Hope it's a joke

Go and reactivate your dormant bank account if you have any. If you don't have, don't bother yourself, just tell those around you who have dormant account to go reactivate it. There's no orphan in accounting so CBN is in order.

DUNDEEmoderatos:

What about those living abroad how will they reactive their account?

Just ask your bank account officer. It's not really a big deal especially if the person has done biometrics and has a valid NIN and utility bill. It's not a complex process so those making a fuss over it are either not clear or have other issues. Some of the dormant accounts are actually suspected of illicit inflows and the real owners are scared of coming out to claim the funds.

FreeStuffsNG:
Go and reactivate your dormant bank account if you have any. If you don't have, don't bother yourself, just tell those around you who have dormant account to go reactivate it. There's no orphan in accounting so CBN is in order.

Just ask your bank account officer. It's not really a big deal especially if the person has done biometrics and has a valid NIN and utility bill. It's not a complex process so those making a fuss over it are either not clear or have other issues. Some of the dormant accounts are actually suspected of illicit inflows and the real owners are scared of coming out to claim the funds.

Bros it is not that easy as you think. I am not in Nigeria and I have done all the necessary things.
Moving the account is suspicious na Naija! CBN just want to have share of the money in those accounts especially the ones with illicit flow.
Moving the account makes no difference CBN already have all the account details with them.

nedekid:

I doubt you live in Nigeria.
You actually believe people will get their money back 10 days after application? It just like you overpay into eg Lagos state account and then expect a refund in 10 days.
People that contributed pension throughout their working life complain of not getting their money, they go as far as dying. Contractors do not get paid despite huge loans. Is now people's money in accounts that does not concern government, that will the be released after 10 days?
If I leave my money or idle my account for the next 10 years, how is it the concern of anyone?
It is called "putting eye", they first tested the ground with people's dom accounts, but after seeing the outcry, they backed out.
Government that cannot handle it's own money, now wants to help you handle yours and give you x3 after 7-10 years? It's just like ndu baby, the Aza man in sabinus skitts
https://www.facebook.com/share/v/Dhh7YFgWG7SETnNV/?mibextid=D5vuiz

I am replying you because you seem to be more reasonable than others that hi for personal attacks. I understand your concerns. This is a trust issues. Maybe the law around it can be strengthened by putting a fine of large amount on govt if they fail to produce the money in say, 21 days. That is the function of National Assembly. It should be such that it can be litigated by a court.

These money are already being used for business by banks. You saw an Otedola accused Jim Ovia of zenith bank of using his dormant money for business. All of these interest enrich these bankers without paying tax on it or returning any to original owners. Many of the money are not even known to exist. They will never be collected! And banks don’t bother to maintain a register of owners.

For example, I have dividends I will never collect. Because the money was less than N100. It is nothing to me. But 10m people with N100 is 1 Billion naira.

FreeStuffsNG:

Read the report. If you have funds in dormant account, please go reactivate your dormant bank account now instead of making empty threats online.

Some of the accounts have been dormant for decades and sitting idle in the bank vaults. It makes no difference if it is warehoused with CBN because it doesn't belong to the banks and have been dormant for long.

Btw, FG is not taking away the funds from the owners permanently. The banks should have been repeatedly ensuring that the owners of dormant bank accounts are sensitized to reactivate their accounts but there's nothing the bank can do even if they do so yet owners of the dormant account don't reactivate their dormant accounts.

The real point is that the money is better warehoused with CBN and if the owners need their funds, they go through their banks first to reactivate their bank accounts and get back their funds.
Shikena

What is someone in abroad prison has been sending money and had problem that confined him to 20yrs imprisonment only to be released and deported to Nigeria and returns on getting to bank to withdraw his money and start a new life bank will say they transferred his money to cBN? Hmmmm! Oga don't support Tinubu bad policies

If you suspect your family member has an account in a bank and the bank won’t tell you, go to the probate registrar in the court and get a beneficiary’s letter and a court order for the banks to disclose your deceased’s account details, balances and interests accrued

CBN needs dormant account money to utilize for profitability. Yank that off the banks then they loose a little weight in Capital
Might be good as this sunction force may cause banks to sit tight and reduce the number of the undead accounts and pursue actual funding which in turn ‘may’ reduce the excessive money in circulation, deflating inflation
Might be questionable as the CBN is directly holding customers’ money and doing government business with it.
So it means if customers don’t claim their money or use accounts for any reasons at all going forward, it becomes Government property

This Government is basically raising funds from any and everywhere with scientific creativity
Taxes , Levies , Decrees …and much more to come

So Tinubu is just going to steal people money just like that ?

Dormant or not it is people's money and the owners should be given notice of no less than a year to claim their money and if they fail to do so, their family should then be given a further one year to claim it.

This one of saying the money should be transferred to the CBN with immediate effect is nothing but pure theft.

kolafolabi:
The Central Bank of Nigeria's directive to banks to transfer funds from dormant accounts and unclaimed dividends is a commendable move.

This initiative ensures that idle funds are effectively managed and possibly redirected for more productive uses, benefitting the broader economy.

Additionally, it provides a mechanism to address the issue of unclaimed financial assets, enhancing transparency and accountability within the financial sector.

^^^
It isn't CBN's business. It isn't their money.

It isn't CBN's business if people's funds are idle or not. It is none of their business whether people's funds are effectively managed or not. It is none of their business!

There are idle federal government assets (in various forms) all over the country. CBN should go sort out that problem and leave depositors money alone.

FreeStuffsNG:

Read the report. If you have funds in dormant account, please go reactivate your dormant bank account now instead of making empty threats online.

Some of the accounts have been dormant for decades and sitting idle in the bank vaults. It makes no difference if it is warehoused with CBN because it doesn't belong to the banks and have been dormant for long.

Btw, FG is not taking away the funds from the owners permanently. The banks should have been repeatedly ensuring that the owners of dormant bank accounts are sensitized to reactivate their accounts but there's nothing the bank can do even if they do so yet owners of the dormant account don't reactivate their dormant accounts.

The real point is that the money is better warehoused with CBN and if the owners need their funds, they go through their banks first to reactivate their bank accounts and get back their funds.
Shikena

what is their business with accounts going dormant?
they keep looking for more money to steal while they give you and your type some crumbs to defend their nonsense.

UselessBuharist:



MANNABBQGRILL.S… you know how to attack and insult people but when they retaliate you start calling the mode like a child looking for his mom

you are the same.
Mynd44 Dominique Justwise.
Rule 2

hansomb:
you are the same.
Mynd44 Dominique Justwise.
Rule 2

Something is wrong with you.

UselessBuharist:


Something is wrong with you.

You are correct. Your hypocrisy worries me. You are behaving like a typical Zionist.

hansomb:
You are correct. Your hypocrisy worries me. You are behaving like a typical Zionist.

So why are you calling the mode on me, are you testing something by mentioning me ?