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Saturday 11 September 2021

CBN investigating banks over forex transactions, to suspend culpable lender from FX market

CBN investigating banks over forex transactions, to suspend culpable lender from FX market: By Oludare Mayowa The Central Bank of Nigeria (CBN) has commenced the investigations of the foreign-exchange transactions of some commercial bankslenders operating in the country. In a circular signed by the regulatory bank's director of Trade and Exchange, OS Nnaji, the CBN said it will sa ...

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