CBN directs banks to place liens on 18 firms, prohibits MFBs from forex transactions: The Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies just as it warned Microfinance Banks against transacting forex business. A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts, have been bl ...
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