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By Omodele Adigun
The Central Bank of Nigeria (CBN) has unfrozen the bank accounts of Aboki FX and 17 other companies whose accounts were placed on Post-No- Debit order two years ago.
The apex bank directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies since 2021.
A post-no-debit means that all debit transactions, including Automated Teller Machines (ATM) and cheques, on the accounts have been blocked but can receive inflows.
The circular, signed by A.M. Barau on behalf of the CBN director of banking supervision, on Tuesday, also instructed banks to notify the concerned customers of the development.
The apex bank did not state any reason for the action. The companies on the list include Bamboo Systems Technology Limited, Escale Oil and Gas Limited, Risevest Technologies Limited, Chaka Technologies Limited, AbokiFX Limited, Nairabet International, Northwood Energy Services and Proport Marine Limited, among others.
The circular read, “You are hereby directed to vacate the Post-No-Debit restriction placed on the accounts of the under-listed bank customers at our instance.
“You are also required to inform the concerned customers of the vacation accordingly.”
In 2021, CBN instructed banks to freeze the accounts of 18 companies, ranging from bureaux de change, construction firms, investment companies, laundering services, and property companies.
The affected companies included Bakori Mega Services, Ashambrakh General Enterprise, Namuduka Ventures Limited, Crosslinks Capital and Investment Limited and others.
IGP Global Synergy Limited, Davedan Mille Investment Limited and Urban Laundry.
Others were Advanced Multi-Links Services Limited, Spray Resources, Al-Ishaq Global Resources Limited, Himark Intertrades, Charblecom Concept Limited, and Wudatage Global Resources.
Treynor Soft Ventures, Fyrstrym Global Concepts Limited, Samarize Global Nigeria Limited, and Zahraddeen Haruna Shahru were also included.
All 18 companies have had their bank accounts unfrozen by the apex bank.
