The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Sunday said that the apex bank may review the $8.134 billion fine imposed on the MTN Group Ltd if facts provided to support its complaints justify such decision. The apex bank had in August sanctioned the telecom operator and four banks including, Standard […]
Tag: CBN Debits Four Banks’ Accounts Over Alleged $8.1Bn MTN Forex Scam
CBN Debits Four Banks’ Accounts Over Alleged $8.1Bn MTN Forex Scam
The Central Bank of Nigeria (CBN) on Thursday sanctioned the four banks that it indicted of breaching the nation’s capital importation rules, debiting their accounts with the sum of N5.87 billion. According to information on the fines on the affected banks, the apex bank debited the account of Standard Chartered Bank with N2.4 billion, Stanbic […]