The Bank has also cleared up the entire liability of 14 banks and started settlements with foreign airlines.
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Showing posts with label liabilities. Show all posts
Showing posts with label liabilities. Show all posts
Wednesday, January 17, 2024
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.
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