Business CBN Fines Four Banks N5.87bn, Asks MTN To Return $8.1bn – Channels Television

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The Central Bank of Nigeria has slammed fines totalling over N5 billion on four banks “for breaching Nigeria’s forex regulations” and asked MTN Nigeria Communications Limited to refund $8.134 billion.

All four banks – Standard Chartered, Stanbic IBTC, Citibank...



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