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CBN Fines Union Bank N200 million For Cryptocurrency Trading

CBN Fines Union Bank N200 million For Cryptocurrency Trading

Union Bank of Nigeria (UBN) has been penalised by Nigeria’s financial regulator, the Central Bank of Nigeria (CBN), for enabling cryptocurrency trading. According to the commercial bank’s financial statements for the period of 2022, the central bank fined Union Bank N200 million
April 20, 2023

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