Forex: CBN to sanction banks

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Forex: CBN to sanction banks

« on: September 19, 2017, 01:03:07 pm »

Forex: CBN to sanction banks

The Central Bank of Nigeria (CBN) on Monday threatened to sanction any Deposit Money Bank (DMB) in breach of its earlier instructions to open teller points for retail foreign exchange (Forex) transactions in all locations. The apex bank’s acting Director, Corporate Communications, Mr Isaac Okorafor, in a statement on Monday in Abuja, said the bank …
Source: Forex: CBN to sanction banks

- PM News Nigeria

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