CBN Clears $7bn Forex Backlog, Boosts Investor Confidence – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced on Wednesday that the Federal Government has successfully cleared the outstanding $7 billion foreign exchange backlog owed to various firms. This achievement follows a rigorous verification exercise conducted by forensic auditors. Cardoso made the disclosure during the launch of Nigeria’s Regulatory Policy Framework, … Continue reading CBN Clears $7bn Forex Backlog, Boosts Investor Confidence – Cardoso