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Tag: Banks barred from Forex Market

CBN bars First Bank, GTB, Union Bank, Ecobank, others from FOREX market

May 3, 2017Ayo Olowo

The Central Bank of Nigeria (CBN), on Tuesday, barred First Bank, Guaranty Trust Bank and 12 others  from dealing in the Small and Medium Entreprises (SME) wholesale Forex window. The  other  banks affected by the order are  FCMB, Keystone Bank, Main Street Bank, Stanbic IBTC, Citi Bank, Enterprise Bank, Ecobank,  and WEMA Bank. United Bank for […]

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