‘We Have Remmitted All NNPC/NLNG Dollar Deposist’ – UBA Slams Claims Of Ban


Reacting to claims that they have been banned from the foreign exchange market by CBN, the United Bank for Africa, UBA, made it clear that they have remitted all NNPC/NLNG dollar deposits.

In a press statement issued by the bank’s corporate communications head, Charles Aigbe, on Tuesday night iy stated that:

Our attention has been drawn to report of the ban of UBA from the foreign exchange market by the CBN over the non-remittance of NNPC/NLNG dollar deposits.

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We wish to state very categorically that UBA has completely remitted all NNPC/NLNG dollar deposits.

We thank all our numerous customers, business partners and other stakeholders who have reached out to us on account of this report.

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Temitope Delano

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