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FX backlog

Forensic verification of $7bn FX backlogs show corruption – CBN

THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said that forensic verification of $7 billion foreign...

CBN ends airlines’ FX backlog verification, clears fresh $64.44m

THE Central Bank of Nigeria (CBN) has confirmed the conclusion of the verified backlog owed foreign airlines with an...
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Naira depreciates by N456.73 despite CBN $500m FX clearance

THE Nigerian currency lost N456.73 to the dollar on Monday, January 29, to close at N1,348.63/$1 at the official...

Naira routs to N902.45/$1 on Friday despite CBN’s FX clearance

THE Nigerian currency depreciated against the United States dollar, routing to N902.45/$1 on Friday, January 19, as foreign exchange...
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CBN confirms commencing clearing FX backlog

THE Central Bank of Nigeria (CBN) said it had started the clearing of the foreign exchange (FX) backlog of...

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