The National Bureau of Statistics (NBS) has revealed that Citibank, Standard Chartered, and Stanbic IBTC were the highest contributor to the dollar inflows into the Nigerian economy within January to June of 2022. According to the NBS report, a total…
Bank can’t get back $500m it wired by mistake
After committing one of the “biggest blunders in banking history,” Citibank won’t be allowed to recover the almost half a billion dollars it accidentally wired to Revlon’s lenders, a US District Court judge ruled. Citibank, which was acting as Revlon’s…