
Michael Akuka
Michael Akuka is a prominent figure within the Central Bank of Nigeria, serving as a key representative in the Financial Policy and Regulation Department. He has recently been in the news for signing a significant directive that mandates financial institutions in Nigeria to publicly disclose details of dormant accounts and unclaimed funds. This initiative aims to improve transparency in the banking sector and ensure that account holders are informed about their financial assets. Akuka's role reflects the Central Bank's ongoing efforts to enhance regulatory compliance and protect consumers in the financial landscape.
Not in the pool (under ¢1).
Recent news mentions
Michael Akuka signed the circular outlining the guidelines on dormant accounts for the Central Bank of Nigeria.
CBN probes 19.7 million dormant bank accountsMichael Akuka signed the circular on behalf of the Director of CBN’s Financial Policy and Regulation Department.
CBN orders banks to publish dormant account details, unclaimed funds – Punch Newspapers
