Nigeria banking index down 1.8% after CBN fines banks over MTN
07 September 2018 |
11:57 am
The NSE Banking Index fell 1.8 per cent on Thursday after the Central Bank of Nigeria fined four banks for violation of Nigeria's forex regulations in repatriating MTN Nigeria’s funds. Chinedu Anozia, Chief Executive of Aux Capital joins CNBC Africa to discuss how this news has impacted trade in Nigeria’s banking stocks.
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The NSE Banking Index fell 1.8 per cent on Thursday after the Central Bank of Nigeria fined four banks for violation of Nigeria's forex regulations in repatriating MTN Nigeria’s funds. Chinedu Anozia, Chief Executive of Aux Capital joins CNBC Africa to discuss how this news has impacted trade in Nigeria’s banking stocks.
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