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Nigeria: CBN Bars Nine Banks From Forex Transactions
Daily Trust, 24 August 2016
The Central Bank of Nigeria has barred nine deposit money banks from all foreign exchange transactions and operations, pending the remittance of $2.12 billion dollars belonging to… Read more »
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Nigeria: CBN Lifts Forex Ban On Uba As Eight Other Banks Remain Suspended
Leadership, 24 August 2016
The Central Bank of Nigeria (CBN) on Wednesday lifted it's ban on the United Bank for Africa (UBA) as the other eight deposit money banks (DMBs) remain banned from the foreign… Read more »
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Nigeria: Banks' Sanction Deals Heavy Blow On Naira, Dips Further Against Dollar
Premium Times, 24 August 2016
The Naira on Wednesday dipped further against the dollar at the parallel market. Read more »
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Nigeria: CBN Suspends 9 Banks From Forex Transactions
Vanguard, 24 August 2016
The Central Bank of Nigeria, CBN, yesterday, suspended nine banks from further dealing in foreign exchange transactions, until they remit all outstanding Nigerian National… Read more »
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Nigeria: Central Bank of Nigeria Bars Nine Banks From Forex Transactions
Vanguard, 23 August 2016
Nigeria's Central Bank has barred nine commercial banks from all foreign exchange transactions and operations. Read more »
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Nigeria: List of Banks Barred From Forex Transactions By Central Bank of Nigeria
Vanguard, 23 August 2016
The banks, whose suspension would remain in force until they remit all the funds to the TSA includes: Read more »