The UAE Central Bank has this week passed a new rule barring Nigerians who do not work in the country from operating accounts in any of their local or foreign banks.
It was said that this is to avoid money laundering by Nigerian politicians which they claim has become widespread.
Now, they have supposedly closed accounts of all Nigerians not working in the UAE and delivered them cheques equal to the sum they have in their accounts.
All account holders reportedly have 5-working days to take their money.
Fidelis Mbah, a Nigerian journalist, broke this news yesterday via his Twitter account.
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