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FinanceNews

CBN Reinstates 9 Banks Suspended from Forex Transactions

The Central Bank of Nigeria ( CBN ) has reinstated the nine banks that were recently suspended from the foreign exchange market. They...

FinanceNews

CBN Lifts Forex Transactions Ban On UBA, 8 Banks Remain Banned

The Central Bank of Nigeria (CBN) on Wednesday lifted it’s ban on the United Bank for Africa (UBA) as the other eight deposit...

News

FCMB Reacts to Being Barred From Forex Transactions by CBN

First City Monument Bank, FCMB, has reacted to reports that it has been barred from all foreign exchange transactions by the Central Bank...

FinanceNews

UBA Reacts After Being Listed Among Barred Banks From Forex Transactions by CBN

UBA, one of Nigeria’s and Africa’s top tier banks has remitted into the Single Treasury Account (TSA) domiciled at the Central Bank of...