The Central Bank of Nigeria (CBN) has disbursed $500 million to various sectors, following up on its recent payment of approximately $2.0 billion to clear
The Central Bank of Nigeria (CBN) has announced it has injected another $500 million into the foreign exchange market. A few days ago, the apex bank injected nearly $2 billion to settle outstanding commitments across the manufacturing, aviation, and petroleum sectors. CBN's Acting Director of the Corporate Communications Department, Mrs. Hakama Ali, who revealed the injection of the funds on Monday in Abuja, reiterated the bank’s commitment to settling all legitimate forex backlogs within a short timeframe, The Nation reports.
The Central Bank of Nigeria (CBN) has held a two-day strategic session for members of the Monetary Policy Committee (MPC), preparatory to their first meeting
The Central Bank of Nigeria (CBN) says it has paid approximately $2 billion across various sectors, including manufacturing, aviation, and petroleum in its