CBN Proposes Five-year Ban On Repeat Dud Cheque Offenders

The Central Bank of Nigeria has proposed stricter sanctions for individuals who repeatedly issue dud cheques, including an automatic five-year ban each time a repeat offence occurs. The measure is part of a new exposure draft titled Guidelines on the Treatment of Dud Cheques by Banks and Other Financial Institutions in Nigeria, released on Monday... The post CBN Proposes Five-year Ban On Repeat Dud Cheque Offenders appeared first on GISTSMATE.

  Talk   Nov 25, 2025   0   5  Add to Reading List
CBN Proposes Five-year Ban On Repeat Dud Cheque Offenders

The Central Bank of Nigeria has proposed stricter sanctions for individuals who repeatedly issue dud cheques, including an automatic five-year ban each time a repeat offence occurs. The measure is part of a new exposure draft titled Guidelines on the Treatment of Dud Cheques by Banks and Other Financial Institutions in Nigeria, released on Monday...

The post CBN Proposes Five-year Ban On Repeat Dud Cheque Offenders appeared first on GISTSMATE.

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