CBN gets interim order to freeze accounts of FX online platforms, says dealings contravene policy

For using foreign exchange sourced from the Nigerian market to purchase foreign bonds/shares in contravention of a Central Bank of Nigeria (CBN) directive issued in July 2015, the Federal High Court in Abuja, has ordered the temporary freezing of the bank accounts of six online investment platforms for 180 days, based on an ex parte … Continue reading CBN gets interim order to freeze accounts of FX online platforms, says dealings contravene policy