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Fact-check Nigeria Business & Economy 1 publication 1 min read

Insurance firms’ N300b stuck at CBN over verification for illicit funds

Vanguard's headline. Reported by Vanguard.

File picture: Patrickroque01 via Wikimedia Commons, CC BY-SA 4.0

What Vanguard reported

The insurance firms' efunds were held in the Central Bank of Nigeria, CBN, pending verifications for illicit funds inflows

The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.

Who is covering it

  1. Vanguard Nigeria Insurance firms’ N300b stuck at CBN over verification for illicit funds The insurance firms' efunds were held in the Central Bank of Nigeria, CBN, pending verifications for illicit funds inflows 22 Oct · Tier 3

Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.

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File picture: Nosa Asemota via Wikimedia Commons, CC BY-SA 4.0
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Summary from 2 sources Nairametrics first also BusinessDay