Business

CBN unfreezes accounts of Bamboo, Rise Vest, Nairabet, 437 other companies and individuals

The Central Bank of Nigeria (CBN) has instructed banks to lift the post-no-debit restriction on the bank accounts of 440 individuals and companies,  including that of fintechs like Bamboo, Risevest, and a sports betting company, Nairabet 


The apex bank in a circular signed by its Director of Banking Supervision, A.M. Barau, and sent to all banks, directed the banks to inform all the affected customers,  comprising companies and individuals of the decision.  


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