President Muhammadu Buhari has directed the suspension of 9 Banks from all FX markets for hiding and failure to remit NNPC $2.12 billion which is equivalent to N672 billions @320 exchange rate into Government Coffer.
The banks are;
1. Keystone Bank
2. Diamond Bank
3. Fidelity Bank
4. Skye Bank
5. Sterling Bank
9. Heritage Bank.
They will all be allowed to return to NGR FX market operations once they pay-up NNPC $ 2.12 billion into Treasury Single Account (TSA)
© Ejesgist 2018
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