JUST IN: CBN injects $500m into forex market, vows to clear backlog
The Central Bank of Nigeria (CBN) has injected an additional $500 million into the market to resolve the continuing backlog of confirmed foreign exchange (forex) transactions. This comes only a week after the bank infused nearly $2 billion to satisfy outstanding commitments in the manufacturing, aviation, and petroleum sectors. Mrs. Hakama Sidi Ali, Acting Director … Read more