UAE Govt shutting down Nigerian Accounts In Dubai Banks

The UAE Central bank this week instituted another policy restricting Nigerians who don’t work in their country from operating accounts in any of their local or foreign banks. They say this is to prevent money laundering by Nigerian legislators which they claim has ended up uncontrolled.

Presently, they have purportedly closed accounts of all Nigerians not meeting expectations in the UAE and issued them checks comparable to the sum they have in their account. All account holders purportedly have 5-working days to cash their money. checkout these tweets from a Nigerian journalist