The Central Bank of Nigeria (CBN) on Monday said it has released US$500 million to various sectors to further address the backlog of verified foreign exchange transactions. The Acting Director…
Read More CBN releases $500m to clear more verified FX liabilities backlog
Nigeria will likely experience decline in imports over the inability of the Central Bank of Nigeria (CBN) to meet foreign exchange (FX) obligations, PwC Nigeria says in its bi-monthly economic…
Read More Report: FX backlog to affect Nigeria’s import, as suppliers may not accept letters of credit, PwC says
