Tag: dud cheques

CBN Goes Tough as Dud Cheques Rise to N166 Billion

The Central Bank of Nigeria (CBN) has threatened to prosecute bank customers that are of the habit of issuing cheques against unfunded accounts. In fact, the apex bank expressed concern over the unfortunate development, saying that over 167,507 dud cheques, with total value of N166 billion were processed by Deposit […]