Tag: freeze accounts
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CBN freezes accounts of four popular fintech platforms in Nigeria
The Central Bank of Nigeria (CBN) has frozen the bank accounts of Nigerian fintech platforms Risevest, Bamboo, Trove and Chaka for the next six months. The Federal High Court sitting in Abuja granted an exparte motion which sought temporary freezing of bank accounts belonging to these online investment and trading platforms where Nigerians are transacting…
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CBN secures order to freeze accounts of 20 #EndSARS protesters
The Abuja Division of the Federal High Court has granted the Central Bank of Nigeria, CBN, the nod to freeze accounts of 20 #EndSARS promoters. The order followed an ex-parte order the apex bank filed through a team of lawyers led by a former Attorney-General of the Federation and Minister of Justice, Mr Michael Aondoakaa,…