NACCIMA Laments CBN’s Refusal to Clear $2.4bn Invalid FX Forwards

By Adedapo Adesanya The Central Bank of Nigeria’s (CBN) refusal to pay $2.4 billion foreign exchange (FX) forwards declared illegal is affecting the operations of Nigerian businesses, the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) says. Recall that in February, the Governor of the CBN, Mr Yemi Cardoso, said that out… Continue reading NACCIMA Laments CBN’s Refusal to Clear $2.4bn Invalid FX Forwards