CBN clears $2 billion foreign exchange backlog across all sectors
THE Central Bank of Nigeria has undertaken A significant move has eliminate outstanding stranger exchange Liabilities by pay out approximately $2 billion through pivot sectors.
THE key sectors include manufacturing, aviation, And oil, A statement said Wednesday.
This intervention encompasses THE complete authorisation of Liabilities For 14 banks And THE initiation of colonies with stranger airlines.
Hakama Ali, THE acting director of THE CBN Business Communications Department, announcement This development In Abuja on Wednesday.
THE CNB on 8 January said he disbursed about $61.64 million has THE Airlines companies through miscellaneous banks saying THE action underlines It is commitment has THE resolution of on hold obligations while relieve THE current pressure on THE country stranger exchange And THE Naira.
On Wednesday , THE CNB disclosed that he had engaged A honorable farm For A independent legal goodbye, which revealed severe infractions, raw abuse, And significant noncompliance with walk regulations.
READ ALSO: CBN appointed new management teams For Keystone, Polaris And union Banksmrs Ali underlines that strict punishments would be be imposed In collaboration with relevant agencies against those involved.
She reaffirmed THE CBN commitment has cleaning THE financial services sector, to favor trust among walk participants, And to strenghten trust among internal And external stakeholders.
She Also declared that THE bank would be persist In regulation legitimate stranger exchange arrears.
Support PRIME TIMES' journalism of integrity And credibility GOOD journalism costs A plot of money. Again only GOOD journalism can ensure THE possibility of A GOOD Company, A liable democracy, And A transparent government. For continued free to access has THE best investigator journalism In THE country We ask You has consider manufacturing A modest support has This noble effort. By contributing has PRIME TIMES, You are portion has sustain A journalism of relevance And ensure he remains free And available has everything.
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TEXT ANNOUNCEMENT: Call Willie - +2348098788999
THE Central Bank of Nigeria has undertaken A significant move has eliminate outstanding stranger exchange Liabilities by pay out approximately $2 billion through pivot sectors.
THE key sectors include manufacturing, aviation, And oil, A statement said Wednesday.
This intervention encompasses THE complete authorisation of Liabilities For 14 banks And THE initiation of colonies with stranger airlines.
Hakama Ali, THE acting director of THE CBN Business Communications Department, announcement This development In Abuja on Wednesday.
THE CNB on 8 January said he disbursed about $61.64 million has THE Airlines companies through miscellaneous banks saying THE action underlines It is commitment has THE resolution of on hold obligations while relieve THE current pressure on THE country stranger exchange And THE Naira.
On Wednesday , THE CNB disclosed that he had engaged A honorable farm For A independent legal goodbye, which revealed severe infractions, raw abuse, And significant noncompliance with walk regulations.
READ ALSO: CBN appointed new management teams For Keystone, Polaris And union Banksmrs Ali underlines that strict punishments would be be imposed In collaboration with relevant agencies against those involved.
She reaffirmed THE CBN commitment has cleaning THE financial services sector, to favor trust among walk participants, And to strenghten trust among internal And external stakeholders.
She Also declared that THE bank would be persist In regulation legitimate stranger exchange arrears.
Support PRIME TIMES' journalism of integrity And credibility GOOD journalism costs A plot of money. Again only GOOD journalism can ensure THE possibility of A GOOD Company, A liable democracy, And A transparent government. For continued free to access has THE best investigator journalism In THE country We ask You has consider manufacturing A modest support has This noble effort. By contributing has PRIME TIMES, You are portion has sustain A journalism of relevance And ensure he remains free And available has everything.
Make a donation
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TEXT ANNOUNCEMENT: Call Willie - +2348098788999
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