Central Bank of Nigeria: CBN lifts Forex ban on UBA but other banks remain suspended
Nine banks: Diamond, UBA, Heritage, FBN, Fidelity, Skye, Sterling, Keystone and FCMB were suspended from all FX markets for hiding, failure to remit NNPCg$2.12bn into government coffer.
They will all be allowed to return to NGR FX market operations once they fully pay-up NNPC$2.1bn into TSA.
More details later.
