The Central Bank of Nigeria (CBN) on Tuesday disclosed that it has cleared an additional $400 million forex backlog. The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso made this known while speaking at the apex Bank inaugural…
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has taken decisive action to alleviate the persistent backlog of confirmed foreign exchange (forex) transactions by introducing an additional $500 million into the market. This strategic move follows closely on the…
The Central Bank of Nigeria, CBN, has announced that it is injecting another $500 million to clear the foreign exchange backlog. Hakama Sidi Ali, Acting Director of the Corporate Communications Department at the CBN, made this known in Abuja on…
