Foreign Airlines operating in the country have faulted the announcement by the Central Bank of Nigeria, CBN, that it has settled all outstanding backlog of valid foreign exchange claims. DAILY POST reported on Wednesday that the CBN said it has cleared the balance of $7 million pending valid forex backlog. Also, in January this year, […]
FX backlog: Only five banks left uncleared – CBN Governor Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says it has cleared all foreign exchange backlogs except for five commercial banks. Cardoso disclosed this during an investor call facilitated by the Nigerian Exchange Group on Thursday. He noted that the pending forex backlog will be sorted in the next few days. “Basically, what […]