In a related development, Legit.ng earlier reported that the federal government instructed all Nigerian banks to debit customers with domiciliary accounts.
The debit is for old foreign currency transactions carried out by customers between 2021 and 2023 and will be remitted to the government.
Access Bank, GTB, UBA, Zenith, and other commercial banks have sent messages to customers to expect the debits.
Proofreading by James Ojo Adakole, journalist and copy editor at Legit.ng.
Source: Legit.ng