Serial Dud Cheque Issuers to Get 5 Year Ban- CBN
[Nigeria Communications Week - Nigeria] - 26/11/2025
Central Bank of Nigeria (CBN) is working on a policy that would impose a five-year ban on ‘serial dud cheque issuers’. Under the proposed penalty clause a customer is designated ‘serial dud cheque issuer’ when he/ she issues cheques three times and they are not honoured due to insufficient (…)
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