The Central Bank of Nigeria (CBN), on Tuesday, directed banks operating in the country to furnish it with all domiciliary accounts statements linked to the Bank Verification Numbers (BVN) of some Nigerian businessmen and other individuals. Specifically, this involves the domiciliary accounts of Ogun State-born lotto magnate, Chief Kessignton Adebutu (Baba Ijebu), and four of his children. The CBN also beam its searchlight on 11 others including founders of Bet9ja and NairaBet. The apex bank ordered in a circular referenced BSD/DIR/GEN/LAB/13/063, dated September 15, 2020, and signed by Z. Markus,…
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CBN freezes 38 companies’ bank accounts over sharp practices
the CBN in a circular freezes 38 companies’ account over alleged sharp practices which are currently being investigated by the EFCC and other concerned authorities.
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