Tag: 10 banks
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SEE list of 10 banks sanctioned by CBN over unwholesome practices
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have sanctioned 10 banks for violations of foreign exchange guidelines and other regulatory offences. According to reports, the CBN and SEC also imposed penalties totaling N1.502 billion on the banks for breaching foreign exchange regulations within the first half of 2024. The…