The Central Bank of Nigeria (CBN) has announced the successful clearance of a $7 billion foreign exchange (FX) backlog, which …
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CBN Nearing Completion of FX Backlog Clearance
The Central Bank of Nigeria (CBN) is close to completing the clearance of outstanding foreign exchange (FX) backlogs, according to …
Read More »CBN Unveils Plans to Sanction Banks for Regulatory Breaches
In a decisive move to reform Nigeria’s banking sector, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, …
Read More »Additional $500m Injected by CBN to Clear FX Backlog in Nigeria
In a move to address the persistent backlog of verified foreign exchange (FX) transactions, the Central Bank of Nigeria (CBN) …
Read More »CBN starts to resolve $10bn forex demand backlog
The Central Bank of Nigeria (CBN) has begun to address the huge backlog of foreign exchange (forex) requests from commercial …
Read More »Obaseki Clears 28 Years Council Pension Gratuity Backlog
The governor of Edo State, Mr. Godwin Obaseki, has fulfilled his promise to clear the 28-year backlog of gratuity owed …
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