The new regulation on bouncing cheques, which came into force on February 5, is expected to address people’s concerns about such negotiable instruments without sufficient funds on the issuers’ ...

The CBN has released a draft guideline proposing a five-year ban for customers who issue dud cheques three times Blacklisted individuals will be barred from credit facilities, current accounts, and ...

The Central Bank of Nigeria has issued new guidelines on the treatment of dud cheques, introducing tougher sanctions for account holders who issue cheques that bounce due to insufficient funds. With ...