CBN Lifts Suspension on Eight Banks from FX Market

CBN Lifts Suspension on Eight Banks from FX Market

Following the plea made by the Body of Bank CEOs asking the Central Bank of
Nigeria (CBN) to lift the suspension of eight banks barred from participating in
the foreign exchange market, the CBN lifted the ban Wednesday afternoon.
The CBN had suspended First Bank of Nigeria Ltd., Diamond Bank Plc, First City
Monument Bank Ltd., [...]

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