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 ...
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Tag: FX forwards
Naira Weakens at Official Market as CBN Begins Clearing FX Backlogs
By Adedapo Adesanya The Nigerian Naira weakened against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on ...
CBN Clears 2% of Outstanding Matured FX Forwards
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has started to clear outstanding matured FX forwards in banks. but ...
