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Nigeria: CBN Sanctions 14 Banks for Crowding Out SMEs in FX Market
This Day, 3 May 2017
Following persistent complaints that some Deposit Money Banks (DMBs) have deliberately frustrated efforts by many Small and Medium Enterprises (SMEs) to access FX from the window… Read more »
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Nigeria: Central Bank Sanctions 15 Commercial Banks for Forex Infractions
Premium Times, 2 May 2017
About 15 commercial banks were on Tuesday barred from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window. Read more »
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Nigeria: 10 Banks Facilitate N26 Trillion Investment in Currency, Fixed Income Securities
This Day, 3 May 2017
Access Bank Plc, Ecobank Nigeria Limited and United Bank for Africa (UBA) Plc led the top 10 banks that facilitated investment in fixed securities and currency worth about… Read more »
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Nigeria: Forex for SMEs - CBN Bars Banks From Forex Window
Leadership, 3 May 2017
Following persistent complaints that some banks are frustrating efforts of many small and medium enterprises (SMEs) to access foreign exchange from the new window created by the… Read more »