CBN Clears $7 Billion FX Backlog For 14 Banks, Turns To Airlines - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / CBN Clears $7 Billion FX Backlog For 14 Banks, Turns To Airlines (148 Views)
Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog / CBN Settles All FX Backlog As External Reserves Rise To $34.11 Billion / Nigeria Central Bank Clears 14 Banks' FX Backlog, Turns To Airlines (2) (3) (4)
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| CBN Clears $7 Billion FX Backlog For 14 Banks, Turns To Airlines by Mateco556: 9:41am On Jan 19 |
Nigeria’s central bank has successfully settled the entire foreign exchange forwards liability of 14 banks, marking a significant step towards easing concerns over the country’s forex reserves. This move comes amid ongoing challenges with foreign currency shortages, impacting the value of the naira. The Central Bank of Nigeria (CBN) spokesperson, Hakama Sidi Ali, revealed on Wednesday that settlements with foreign airlines have...... https://ratecaptain.com/cbn-clears-7-billion-fx-backlog-for-14-banks-turns-to-airlines/ |
| Re: CBN Clears $7 Billion FX Backlog For 14 Banks, Turns To Airlines by kayusely70(m): 9:55am On Jan 19 |
Good development! |
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