NEWS
List Of Banks CBN Barred From Foreign Exchange Transactions
By |
Banks CBN Barred, The Central Bank of Nigeria CBN yesterday barred 9 commercial banks from participating in Foreign Exchange transactions. The banks were suspended for failing to remit funds from NNPC into the Treasury Single Account TSA.
Banks CBN Barred From Foreign Exchange Transactions
– United Bank for Africa (UBA) -$530m
– First Bank of Nigeria (FBN)- $469m
– Diamond Bank Plc-$287m
– Sterling Bank Plc-$269m
– Skye Bank Plc -$221m
-Fidelity Bank -$209m
– Keystone Bank- $139
– First City Monument Bank (FCMB) -$125m
- Heritage Bank-$85m
There suspension will be lifted once they remit the NNPC funds into the TSA
Share this:
Comments
0 comments