2012-06-18 | FMD/FED/CIR/GEN/01/111/12

REFUND OF UN-UTILIZED WDAS FUNDS

This communication from the Central Bank of Nigeria reminds all authorized dealers to adhere strictly to their policy requiring that any unutilized funds purchased from the Wholesale Dutch Auction System (WDAS-SPT) should be returned within five working days. Any dealer found contravening this policy will face appropriate sanctions. The message was sent by the Director of the Financial Markets Department and can be reached via email at financialmarkets@cbn.gov.ng or Tel: 09 462 36600, 09462 36603.

Nigeria

Central Bank of Nigeria

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