Tag: Stanbic IBTC

Forex infractions: CBN asks MTN to refund $8b, slams N5.9b on four banks
August 29, 2018 No Responses

Forex infractions: CBN asks MTN to refund $8b, slams N5.9b on four banks

NCC: ‘We are not aware’ Standard Chartered – N2.4 bn Stanbic IBTC            – N1.8 bn Citibank                   – N1.2 bn Diamond Bank         – N0.25 bn The Central Bank of Nigeria (CBN) says it has imposed heavy sanctions totaling...
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Hakeem Bello-Osagie Told to Step Aside as France Telecoms, Vodafone Pitch for Etisalat Nigeria
June 30, 2017 No Responses

Hakeem Bello-Osagie Told to Step Aside as France Telecoms, Vodafone Pitch for Etisalat Nigeria

Sources in the know have hinted that plans are in the advance stage in the bid to swiftly restructure Etisalat Nigeria by setting a new management and appoint a new board. This is coming in the wake of the resignation...
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Forex: CBN bars UBA, First Bank, GTB from SME sales window
May 3, 2017 No Responses

Forex: CBN bars UBA, First Bank, GTB from SME sales window

The Central Bank of Nigeria (CBN), on Tuesday, barred 14 Money Deposit Banks from dealing in the Small and Medium Entreprises (SME) wholesale Forex window. The barred banks are First Bank, Keystone Bank, Main street Bank, Ecobank,  Stanbic IBTC, Citi...
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