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Tag: CBN
Illegal $Billion Repatriation! How Stanbic, Standard Chartered, Diamond, CitiBank sabotaged Nigeria with MTN
August 30, 2018
The Central Bank of Nigeria (CBN) on Wednesday wielded the big stick on mobile telecom firm, MTN Nigeria Communications Limited, and four commercial banks for alleged financial infractions. The CBN’s spokesperson, Isaac Okorafor, in a ...
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CBN boosts Forex market with $543m, CNY 63m
August 25, 2018
The Central Bank of Nigeria (CBN) has boosted the operations of the inter-bank foreign exchange market with about $543.22 million and CNY63.21 million after two days interventions. According to the bank statement sent to PREMIUM ...
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Banks suspend BDCs’ accounts over tax remittance
August 24, 2018
Banks have placed a ‘Post no Debit’ notice on the accounts of some Bureaux de Change operators, demanding that they remit taxes on their transaction turnover. TheCable had earlier reported that the Federal Inland Revenue ...
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