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Tag Archives: N4b

TSA: CBN Fines Skye Bank N4bn for Concealing MDAs’ Funds

‎Less than two weeks after it sanctioned two major banks for flouting Federal Government directives on T‎reasury Single Account, the Central Bank of Nigeria ‎(CBN) has imposed a fine of N4 billion on Skye Bank f‎or concealing funds belonging to Ministries,‎Departments and Agencies (MDAs). In a circular from CBN, addressed to …

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