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

Banks CBN Barred

See the list of the nine suspended banks and how much they failed to remit below:

– 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
Related Posts Plugin for WordPress, Blogger...



READ MORE>>>   Finance Minister Kemi Adeosun – “Buhari Is Not A Misogynist”

The chief editor here at Gbasibe, Digital Marketer and goal getter.

Leave a Reply

Your email address will not be published. Required fields are marked *