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Forex Trading: CBN Lifts Ban On UBA

Aproko247 August 25, 2016 0 Comment CBN, foreign exchange, forex trading, suspend nine banks, UBA

On Tuesday, the Central Bank of Nigeria, CBN, suspended nine banks in Nigeria from trading in the foreign exchange market. But the ban placed on one of the affected banks, the United Bank for Africa, UBA Plc, has now been lifted. UBA disclosed in an email on Wednesday night that it has now be readmitted…

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I Will Expose Those Behind Naira Fall–Ifeanyi Ubah

Aproko247 February 24, 2016 2 Comments dollar, foreign exchange, forex, ifeanyi ubah, N200, naira, parallel market

Top Nigerian businessman, Ifeanyi Ubah, has threatened to publicly name those behind the crisis rocking the country’s currency in the forex market. On Sunday, the Capital Oil and Gas boss said on Channels TV that if given the opportunity by President Muhammadu Buhari, he would ensure the Naira exchanges for a Dollar at N200 within…

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