CBN warns that keeping money received by mistake could mean 5 to 10 years in prison
The Central Bank of Nigeria has warned that anyone who keeps money mistakenly paid into their account could face a prison sentence of five to ten years. The warning comes as more Nigerians use transfers and mobile banking. Customers are advised to report wrongly received funds to their banks.
- The CBN urged customers to alert their banks promptly.
- The reminder follows several public cases of wrong transfers.

