CBN begins deductions on MTN, banks face-off

PUBLISHED: Fri, 07 Sep 2018 12:26:27 GMT
Share

Latest reports say that the Central Bank of Nigeria has begun debiting the accounts of banks accused of illegal repatriation of 8.1 billion dollars for telco operator MTN Nigeria. Bismarck Rewane, Chief Executive Officer of Financial Derivatives joins CNBC Africa to look at the impact of latest updates to this face-off.

http://cnbc.africa/videos/…

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.