Five Top Banks Fined N1.4bn For Forex Infractions, Others
Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria, Security Exchange Council and Financial Reporting Council of Nigeria, in the first half...
In One Year, CBN Sanctioned 300 Firms Over Forex Infractions
About 300 companies including Bureau de Change operators have been sanctioned or had their accounts frozen over forex infractions.
The President, Association of Bureaux de Change Operators of Nigeria, Alhaji Aminu Gwadabe, disclosed this to our...
CBN Freezes 38 Firms’ Accounts Over Forex Infractions, Others
The Central Bank of Nigeria has instructed banks to place a post-no-debit on the bank accounts of 38 companies.
The affected accounts belong to betting companies, bureau de change companies and some logistics companies, according to a...
