Dubai Banks Reportedly Closing Nigerians Accounts in UAE

UAE government has enacted a new policy prohibiting Nigerians who do not work in their country from operating in any of their local or foreign banks.

UAE government wants to prevent money laundering by Nigerian politicians and scammers which the country claim has become rampant.

According to reports, Banks in Dubai have reportedly closed accounts of Nigerians and issued cheques equivalent to the amount they have in their accounts.

Reports have it that all account holders have 5 working days to cash their money.

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