CBN lifts UBA’s forex sanction, other banks speak up
The Central Bank of Nigeria (CBN) has deleted the United Bank for Africa (UBA) from the list of nine deposit money banks (DMBs) banned from the foreign exchange market, for hiding over $2 billion belonging to Nigerian National Petroleum Corporation (NNPC) from the Treasury Single Account (TSA). CBN has re-admitted UBA Plc into the Foreign […]
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