MTN to refund $8b as CBN fines four banks N5.87b

MTN to refund $8b as CBN fines four banks N5.87b

Standard Chartered to pay N2.4b Stanbic IBTC N1.8b Citibank N1.2b Diamond Bank N0.25b MOBILE giant MTN Nigeria is to refund $8,134,312, 397.63 it illegally repatriated to the Central Bank of Nigeria (CBN), the apex bank said yesterday. The CBN said it had imposed N5.87 billion sanctions on four banks, which are to refund $8,134,312, 397.63Read More

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Source: MTN to refund $8b as CBN fines four banks N5.87b

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