Buhari bows, reinstates 9 banks suspended from Forex Market
President Muhammadu Buhari, through the Central Bank of Nigeria ( CBN ) has reinstated the nine banks that were recently suspended from the foreign exchange market.
They were suspended last week for failing to remit about$ 2.3 billion funds of the Nigerian National Petroleum Corporation (NNPC) to the Treasury Single Account (TSA) of the federal government.
The reinstatement was announced wednessday in Abuja by the CBN Director of Banking Supervision, Mrs. Tokunbo Martins.
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