- Banks have revealed more names of Nigerians who buy dollars cheap using visa to sell at the black market for a low price
- Some banks have removed previously published names, while others have added many more
- This is in accordance with CBN directives to reveal the identities of customers involved in forex fraud
Nigerian banks have revealed more names of customers buying cheap dollars using travel visa to resell at the black market.
The CBN in 2021 had directed Deposit Money Banks (DMBs) to set up teller points to meet legitimate FX demands.
