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Financial institutions to face sanctions for flouting CBN’s e-payment rules

Deposit Money Banks (DMB), Other Financial Institutions (OFIs) and Mobile Money Operators (MMOs) in the country who breach Central Bank…

By Businessam Staff
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Nigeria’s central bank buoys foreign exchange market with $545m, to sanction directive-breaching banks

The Central Bank of Nigeria (CBN) Monday sustained its intervention in the various sectors of the inter-bank foreign exchange market…

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