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August 25, 2016
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FEC approves 2017-2019 MTEF, targets 3% economic growth in 2017; MAN seeks reduction of interest rates, review of export scheme as Singaporean firm to invest $100 mn in A/Ibom agric projects -
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August 25, 2016
Further to media reports on the suspension of nine commercial banks from accessing the foreign exchange market for failure to remit balances held under the Treasury Single Account (TSA) with the Central Bank of Nigeria, a number of banks have issued a clarification of the situation
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August 25, 2016
Further to the directive of the Central Bank of Nigeria (CBN) to all Deposit Money Banks (DMBs) to return all outstanding unremitted NNPC/NLNG foreign currency, this is to confirm that the United Bank for Africa (UBA) Plc has remitted all outstanding NNPC/NLNG deposits in its possession to NNPC’s Treasury Single Account (TSA) at the CBN.
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