FULL REPORT: CBN fines four banks N5.8bn, asks MTN to refund $8bn
The Central Bank of Nigeria (CBN) has ordered four banks to pay a total sum of N5.87 billion for allegedly issuing irregular certificates of capital importation (CCIs) on behalf of some offshore investors of MTN Nigeria Communications Limited. The apex bank has also written to MTN, asking it to refund $8 billion to the coffers […]
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