• UBA denies withholding NNPC/NLNG dollar deposits as CBN blacklists banks

    UBA denies withholding NNPC/NLNG dollar deposits as CBN blacklists banks

    The United Bank for Africa has denied that it is one of the nine banks that failed to remit the dollar deposits of the Nigerian National Petroleum Corporation and the Nigerian Liquified Natural Gas Limited.

     

    The Central Bank of Nigeria had on Tuesday listed UBA as one of the nine Banks that had failed to remit the deposits of the NNPC and NLNG based on the Treasury Single Account.

    The CBN said it was suspending the banks from further participation in its […]