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Lynn Merhi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nigeria central bank may delay forex loan payments on dollar shortage, Moody s says

Nigeria’s central bank has had to ration dollars to reduce pressure on its reserves.

Lynn merhiMik kabeyaMoody investors serviceWest african

CBN could delay repayment on $10 4 billion forex loan

The money the CBN owes the banks are funds in the form of derivative transactions comprising forward contracts and swaps.

Lynn merhiMik kabeyaCentral bank

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