Nairametrics

The Central Bank of Nigeria (CBN) on Wednesday fined four banks a total of ₦5.86 billion for allegedly breaching Nigeria’s extant laws and forex rules when they facilitated illegal repatriation of funds to South Africa on behalf of MTN. The Apex bank also requested that they refund the sum of $8,134,312,397.63 which “was illegally repatriated on […]

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