• About Us
  • Advertise with Us
  • Contact Us
Thursday, August 11, 2022
GoldenNewsNG
No Result
View All Result
  • Home
  • News
    BBNaija Neo and Jemima Osunde spark dating rumours with loved-up photos

    BBNaija Neo and Jemima Osunde spark dating rumours with loved-up photos

    Zinoleesky ft. Tiwa Savage

    Music + lyrics: Zinoleesky ft. Tiwa Savage – Jaiye Foreign- Download Here

    Check out 3 New Amazing WhatsApp Features and how to use it for free 

    Check out 3 New Amazing WhatsApp Features and how to use it for free 

    Nigerian Newspaper Headlines & Naija News Today, Tuesday 19 July 2022

    Nigerian Newspaper Headlines & Naija News Today, Thursday 11th August 2022

    2023: Bago lambasts critics

    Family Confirms Death of Law Professor, Uche Uko

    Family Confirms Death of Law Professor, Uche Uko

    Trending Tags

    • Commentary
    • featured
    • Event
    • Editorial
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
  • Home
  • News
    BBNaija Neo and Jemima Osunde spark dating rumours with loved-up photos

    BBNaija Neo and Jemima Osunde spark dating rumours with loved-up photos

    Zinoleesky ft. Tiwa Savage

    Music + lyrics: Zinoleesky ft. Tiwa Savage – Jaiye Foreign- Download Here

    Check out 3 New Amazing WhatsApp Features and how to use it for free 

    Check out 3 New Amazing WhatsApp Features and how to use it for free 

    Nigerian Newspaper Headlines & Naija News Today, Tuesday 19 July 2022

    Nigerian Newspaper Headlines & Naija News Today, Thursday 11th August 2022

    2023: Bago lambasts critics

    Family Confirms Death of Law Professor, Uche Uko

    Family Confirms Death of Law Professor, Uche Uko

    Trending Tags

    • Commentary
    • featured
    • Event
    • Editorial
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
No Result
View All Result
Golden News
No Result
View All Result
  • Home
  • News
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
Home Insurance

[BREAKING] Forex ban: CBN directs banks to publish names of defaulters

Enudi Golden by Enudi Golden
August 31, 2021
in Insurance
Reading Time: 1 min read
Latest Dollar to Naira Exchange Rate today 2022 Bank & Aboki FX Rate
1
SHARES
FacebookShareTwitterShareWhatsappShareTelegramShare

The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in fraudulent and unscrupulous practices to obtain foreign exchange from banks.

In a circular issued by the on Tuesday, the bank outlined the fraudulent practices to include the use of fake visas and cancellation of air tickets after purchase of Personal Travel Allowance and Business Travel Allowance

READ ALSO

List of 58 Insurance Companies in Nigeria

List of Cheapest Car Insurance Companies In Nigeria 2022

The bank said the new directive was given to curb the unwholesome conduct of some unscrupulous customers who are trying to circumvent its new forex policy.

The circular which was addressed to all banks was titled, “Publication of names of Defaulters of a CBN policy on sale of Forex for PTA/BTA” and signed by the bank’s Director, Banking Supervision Department, Haruna Mustafa.

The circular read in full, “ The CBN has received and noted with concern reports of sharp practices by some unscrupulous customers to circumvent the new CBN policy on the sale of forex for overseas personal and business travel.

“Some of these unwholesome practices include the use of fake visas and cancellation of air tickets after purchase of PTA/BTA. This trend, if not curbed, portends risk to the integrity and stability of the forex market.

“Consequently, further to the various measures already put in place, all banks are hereby directed to publish on their websites the names and BVN of defaulting customers who present fake travel documents or cancel their tickets and fail to return the purchased PTA/BTA within two (weeks) as stipulated in the customer declaration form signed by them.”

Related Posts

List of 58 Insurance Companies in Nigeria
Insurance

List of 58 Insurance Companies in Nigeria

List of Cheapest Car Insurance Companies In Nigeria 2022
Featured

List of Cheapest Car Insurance Companies In Nigeria 2022

Easy Steps To Get Travel Insurance Cover In Nigeria
Featured

Easy Steps To Get Travel Insurance Cover In Nigeria

Car Insurance: Top 10 Car Insurance Companies In USA
World News

Car Insurance: Top 10 Car Insurance Companies In USA

Latest Dollar to Naira Exchange Rate today 2022 Bank & Aboki FX Rate
Insurance

CBN selects technical partner for digital currency project

NMFB Non-Interest Agsmeis Loan 2022
Headline

NMFB Reveals AGSMEIS Loan Challenges

Next Post

How I risked my life to deliver N2.5m ransom to my in-law’s abductors- RCCG worshipper

Leave a Reply Cancel reply

JUST IN

2023 Election: Atiku Vs Wike – Honour Your Promise, Resign – Chief Bode George

Top 5 News In Nigeria This Afternoon Thursday 11th August 2022

I Don’t Want To Look Young — Mr. Ibu Tells His Barber (Video)

I Don’t Want To Look Young — Mr. Ibu Tells His Barber (Video)

#EndSARS: Police Stripped, Beat Me Mercilessly – Mr Macaroni Recounts His Ordeal

#EndSARS: Police Stripped, Beat Me Mercilessly – Mr Macaroni Recounts His Ordeal

BBNaija Neo and Jemima Osunde spark dating rumours with loved-up photos

BBNaija Neo and Jemima Osunde spark dating rumours with loved-up photos

I’m The Sexiest Man In The Country – Actor, Yul Edochie

I’m The Sexiest Man In The Country – Actor, Yul Edochie

Zinoleesky ft. Tiwa Savage

Music + lyrics: Zinoleesky ft. Tiwa Savage – Jaiye Foreign- Download Here

How To Know When She Wants To Bill You So You Can Flee – Nigerian Lady Shares Tip With Men

How To Know When She Wants To Bill You So You Can Flee – Nigerian Lady Shares Tip With Men

Assistant Pastor Reportedly Faints As Head Pastor Proposes To His Girlfriend

Assistant Pastor Reportedly Faints As Head Pastor Proposes To His Girlfriend

Catholic Bishops Beg Foreign Forces To Help Africa Fight Insecurity

Catholic Bishops Beg Foreign Forces To Help Africa Fight Insecurity

Economy: Anything Else But Restructuring, Living In Denial – Prof Moghalu

Economy: Anything Else But Restructuring, Living In Denial – Prof Moghalu

Follow us

Categories

  • Biafra
  • business
  • Crime
  • Education
  • Entertainment
  • Featured
  • General Information
  • Headline
  • Health
  • Insurance
  • Jobs
  • Lifestyle
  • LOAN & INVESTMENT
  • News
  • Npower
  • NYSC
  • Opinion
  • Politics
  • Relationship
  • Scholarship/ Opportunities
  • SPONSORED POST / GUEST POST
  • Sports
  • Technology
  • Tour
  • World News

Recent Posts

  • Top 5 News In Nigeria This Afternoon Thursday 11th August 2022
  • I Don’t Want To Look Young — Mr. Ibu Tells His Barber (Video)
  • #EndSARS: Police Stripped, Beat Me Mercilessly – Mr Macaroni Recounts His Ordeal
  • BBNaija Neo and Jemima Osunde spark dating rumours with loved-up photos

Newsletter

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions

© 2022 Golden News

No Result
View All Result
  • Home
  • News
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology

© 2022 Golden News

YOU WANT LATEST UPDATES?

JOIN OUR TELEGRAM CHANNEL NOW
X