CBN Clears Valid FX Transactions to Eliminate Legacy Backlog The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion...

CBN Clears Valid FX Transactions to Eliminate Legacy Backlog The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion...

JUST IN: With $64.44m Addition, CBN Concludes Payment of FX Backlog to Foreign Airlines The Central Bank of Nigeria (CBN) has concluded the payment of all verified claims of backlog of foreign exchange owed to foreign airlines, with an additional $64.44 million to the concerned...

CBN Releases $500m to Address Verified FX Backlog The Central Bank of Nigeria (CBN) has released US$500 million to various sectors in effort to address the backlog of verified foreign exchange (forex) transactions. This comes barely a week after the Bank paid approximately US $2.0 billion...

CBN Pays $2bn, Vows to Clear Foreign Exchange Liabilities Backlog   The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion across various sectors, including manufacturing, aviation and petroleum. The Bank has also...

Mrs Hakama Sidi-Ali not only shattered the glass ceiling by becoming the first woman to be appointed CBN spokesperson and a member of the Nigeria Institute of Public Relations (NIPR), but her appointment also fulfilled all professional and legal requirements.