Tag: Domiciliary Accounts

First-Timer’s Guide to Opening Domiciliary Account in Nigeria: Things to Know

A domiciliary account is a type of bank account that allows you…

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CBN explains operation of domiciliary accounts in Nigeria

The Central Bank of Nigeria (CBN) has addressed and clarified the prohibition…

Muhammad A. Aliyu Muhammad A. Aliyu

$20bn Idle in Nigerians’ Domiciliary Accounts – CBN

More reasons have emerged on why the naira keeps performing badly against…

Farouk Mohammed Farouk Mohammed

Nigerian Banks Reject Deposits of Dollars Into Domiciliary Accounts

Major commercial banks in the country have stopped accepting deposits of Dollar…

Farouk Mohammed Farouk Mohammed