CBN Settles All Forex Backlog, As External Reserves Rises to $34.11bn

Central Bank of Nigeria (CBN) has cleared the $7 billion foreign exchange (FX) backlog inherited by Governor Yemi Cardoso. Gatekeepers News reports that this was disclosed In a statement on Wednesday, CBN’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, confirmed settlement of all valid FX backlog claims. This move fulfills a key pledge […]

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