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CBN Orders Bank Workers to Declare AssetsThe Central Bank of Nigeria (CBN) has ordered workers in all the 19 Deposit Money Banks in the country to declare their assets. The move analysts say looks like the Federal Government is beginning to expand its ongoing anti-corruption crusade to the private sector, especially the banking industry.
The directive, which came in a letter through the Banking Supervision Department of the CBN to all the 19 commercial banks in the country about four weeks ago, gave bank officials only one week to complete the assets declaration process, sources close to the DMBs said.
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