CBN tackles FX transactions abuses in clearing liabilities backlog - ITREALMS

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The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion across various sectors, including manufacturing, aviation, and petroleum, reports ITREALMS.

The Bank has also cleared up the entire liability of 14 banks and started settlements with foreign airlines.

Military pledges protection of civilians in conflict, curb human rights abuses - ITREALMS

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The Nigerian military has pledged its readiness to prioritize conflict management and reduce civilian harm in face of the insurgency.

The Commandant National Defence College Nigeria Rear Admiral Murtala Bashir, during a workshop on the protection of civilians in a challenging environment organized by the Center for Civilians in Conflict (CIVIC)in collaboration with the Alumni Association of the National Defense College (AANDEC), said violence against civilians is an unintended consequence of conflict however he stated that civilians harm perpetrated by security forces will not be tolerated.