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Visit to the Palace: Otunba (Dr.) Oluyemi Badero Reaffirms Commitment to Esure Kingdom’s DevelopmentFaduyile felicitates Senate Leader, Opeyemi Bamidele on birthdayFaduyile felicitates Senate Leader, Opeyemi Bamidele on birthdayINEC Strengthens Election Safeguards Despite Attack on Osun PVC Centre.Oyebanji Honours Former Ekiti Governors With State Buildings Named After Them.ROYAL SPLENDOUR AS OBA KASALI MARKS 5TH CORONATION ANNIVERSARY, HONOURS DR OLUYEMI BADERO WITH OTUNBA BOBAGUNWA TITLENigeria Pushes for Stronger Diplomatic Safeguards Amid Renewed Xenophobia Concerns.Police Step Up Election Security After Armed Attack Disrupts PVC Distribution in Osun.It is time for APC to unite again in Ondo State- Olabode Omoyele Sowore Urges Technology-Driven Reforms as Nigeria Faces Fourth Industrial Revolution.Accord Party Backs Tinubu, Seeks Peaceful Osun Governorship Election.Families Mark Nearly Six Months Of Agony As 176 Abductees Remain Missing In Kwara.Ondo Multi-door Courthouse stakeholders engagement holds in Akoko as CJ promises ADR centerOSOPADEC Rejects Links to Ondo Assembly Crisis and Warns of Legal ActionState Police Bill Sparks Fresh Debate Over Legislative Procedure.New Security Outfit Targets Forest Hideouts As Insecurity Concerns Grow In Kwara.Senate Pushes Plan To Drive Jobs, Investment Through Local Offices For Social Media Firms.Oyo EFCC Dispute Raises Fresh Debate Over Limits Of Investigative Powers.Faduyile announces Senator Meroyi’s death at the SenateOlabode Omoyele congratulates Prince Bamgbose on his birthday Service Wide Vote Dispute Renews Calls for Budget Transparency.Fubara Declares End to Political Rift, Calls for Unified Support Ahead of 2027.Olabode expresses grief over Senator Meroyi’s deathNew Army Battalion Approved as Kwara Moves to Strengthen Security Response.Aketi @70: The Lion of Ondo Still Roars In Our Hearts- Olabode OmoyeleJonathan Says Trust-Building Was Key to Niger Delta Peace Process.Adebutu Pledges Local Government Autonomy, Alleges Diversion of Council Funds by Governors.Internal Accord Party Rift Raises Fresh Questions Over 2027 Electoral Strategy.Finance Minister Defends Debt Figures, Says Public Borrowing Has Been Misrepresented.Borno Education Summit Pushes for Stronger School Safety After Fresh Student Abductions.One year on: Ezekiel Imoleayo Adeniran,the Registrar who did not shout to be heard but worked to be rememberedOlabode to Oba Akinrutan: I most heartily celebrate your Imperial Majesty Group Seeks Greater Transparency as Calls Grow for Independent Probe into Mary Habila’s Death.US Aid to Nigeria Faces New Conditions Over Religious Violence Concerns.APGA Prioritises Legislative Contests, Backs Tinubu for 2027 Presidency.Reps Promise Strong Safeguards Against Abuse in Proposed State Police System.Senator Faduyile felicitates Ondo Governor’s wife over birthdayNCDC Urges Vigilance as Lassa Fever Cases Rise Across Four States.Court Affirms Teachers’ Retirement Protection, Voids FG’s Eight-Year Director Tenure Policy.INEC Stands by ADC Candidate List as Leadership Dispute Deepens.Sowore Demands Wider Investigation as PFIPC Case Heads to Court.Olabode congratulates Obamuyi, salutes Aiyedatiwa’s VC choice.Retaining Shetima as VP reflects Tinubu’s sportmanship- OlabodeExperts Warn AI Could Strengthen Extremist Operations Beyond Propaganda.Atiku Urges Security First Leadership After Oyo Schoolchildren Regain FreedomSenator Faduyile congratulates Rector, Fed Poly, Ile Oluji on birthdayOlabode Omoyele hails rescue of Oyo kidnapped victimsSenator Faduyile hails rescue of Oriire kidnap victims, salutes President Tinubu, Oyo GovernorFrom Ila Orangun to the Rector’s Lodge: The Making of Dr. Ademola Ebeloku at 59FG Pushes Stronger Security Response as Sokoto Deploys N27.1bn Assets.PFIPC Budget Claims Renew Calls for Independent Probe.Intelligence Led Rescue Effort Raises Hope for Abducted Oyo Schoolchildren.FG Begins Legal Framework for State Police as Security Reform Advances.Tinubu Links FCTA Financial Autonomy to Abuja Infrastructure Expansion.Senator Faduyile to Olowo of Owo on his 60th birthday:You are an epitome of royal integritySenator Faduyile congratulates Bibo’ Ajube at 50,says his leadership has engendered growth of Arogbo -Ibe kingdom
Mon. Aug 17th, 2026

Dormant accounts in Nigerian banks hit 19.69m amid CBN’s policies drive

  • News
  • February 21, 2025
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Dormant accounts in Nigerian banks hit 19.69m amid CBN’s policies drive

Tamarauemi Ebimini

The number of dormant accounts in the Nigerian banking sector rose to over 19.69 million amid Central Bank of Nigeria’s renewed policies measures.

This is according to the dormant account database released by the Nigeria Inter-Bank Settlement System.

Accordingly, data that tracks monthly account statuses throughout 2024 indicated a steady surge in inactive accounts across Nigerian banks.

It emphasised that dormant accounts remained above 19 million every month since February 2024, with December closing at 19,697,125 inactive accounts. This represents an increase of 1,205,000 from January’s figure of 18,492,169, marking a 6.51 percent rise over the year.

The peak was recorded in May and June when the number reached 20.57 million before dropping slightly in the second half of the year.

The data further shows that there was an increase of 2.08 million dormant accounts between the first six months of 2024 before the CBN’s July last year directive on such accounts.

Meanwhile, in a renewed commitment to sanitising the financial sector, CBN on Tuesday in a circular directed all banks to disclose details of their dormant accounts, unclaimed balances, and other financial assets.

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