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CBN readmits UBA into forex market


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CBN readmits UBA into forex market

The Central Bank of Nigeria on Wednesday said it had re-admitted the United Bank for Africa into the foreign exchange market. The directive, according to the CBN, takes effect from Thursday (today). The apex bank in a two paragraph statement issued at about 10pm on Wednesday said UBA had remitted all outstanding foreign currency belonging to the Nigerian National Petroleum Corporation.

 

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