FOREX

Forex: Nigeria’s Central Bank Debunks Plan To Convert $30bn Deposits To Naira

February 3, 2024February 3, 2024Admin

The Central Bank of Nigeria (CBN) has debunked any plan to convert the $30billion deposits in domiciliary bank accounts to the local currency in order to save Naira from free fall against the United States Dollar. A newspaper (not Diplomat Nigeria) had reported that there were strong signs that the Federal Government was planning a […]

CBN Clears Foreign Airlines’ Verified Claims, Pays $136.73m

January 31, 2024Admin

Nigeria’s apex bank, the Central Bank of Nigeria (CBN), mitigating its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, has concluded the payment of all verified claims by airlines with an additional $64.44 million to the concerned airlines. Acting Director of Corporate Communications at the CBN, Mrs Hakama Ali […]

Tag: FOREX

Forex: Nigeria’s Central Bank Debunks Plan To Convert $30bn Deposits To Naira

CBN Clears Foreign Airlines’ Verified Claims, Pays $136.73m

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