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Nigeria central bank re-admits UBA into forex market

By CNBC Africa
25 August 2016   |   5:00 pm
The Central Bank of Nigeria has re-admitted United Bank of Africa to the foreign exchange interbank market, as the bank has remitted all outstanding deposits to the Treasury Single Account.

2 Comments

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  • Author’s gravatar

    Good job UBA, let other Banks do the same, it is time to be transparent .

  • Author’s gravatar

    Madness , sheer madness. No one, but no one benefits from this insane action by the Central Bank. When you think things could not get any worse we inflict more wounds on ourselves.

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