
CBN Deducts N5.61bn From Three Banks Over Alleged Illegal Repatriation
LAGOS SEPTEMBER 7TH (NEWSRANGERS)-The Central Bank of Nigeria has deducted a total of N5.61 billion from the accounts of three banks as fines it imposed on them last week for alleged illegal repatriation of funds for telecoms giant, MTN. According to a report by Reuters, the three banks include Standard Chartered which was debited N2.47…