CBN Clears $7 Billion FX Backlog For 14 Banks, Turns to Airlines
Nigeria's central bank has successfully settled the entire foreign exchange forwards liability of 14 banks, marking a significant step towards ...
Tag: Forex Backlog
CBN Disburses $61.64 Million to Foreign Airlines as it Clears FX Debt.
The Central Bank of Nigeria (CBN) has disbursed approximately $61.64 million to foreign airlines through various banks. This initiative is ...
CBN’s Bold $10 Billion Forex Backlog Resolution: A Gambit Worth Watching
The Central Bank of Nigeria (CBN) has set an audacious target - to clear a lingering $10 billion foreign exchange ...
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