The Central Bank of Nigeria (CBN) has asked banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.A post-no-debit means that all debit transactions, including ATMs 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
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