CBN sell $1bn forex to clear backlog of demand

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CBN sells $1bn to clear backlog of forex demand


CBN sells $1bn to clear backlog of forex demand
- Oyetunji Abioye with agency reportThe Central Bank of Nigeria has sold about $1bn on the forward market to clear a backlog of dollar obligations in selected sectors, according to foreign exchange traders.
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CBN sell $1bn forex to clear backlog of demand


CBN sell $1bn forex to clear backlog of demand
- *As investors gain N32bn on NSEBy Nkiruka NnoromTHE Central Bank of Nigeria, CBN, has sold foreign exchange, forex, worth N1 billion on the forward market to clear a backlog of dollar obligations in selected sectors.
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CBN sells $1b to clear forex backlog in aviation, manufacturing


CBN sells $1b to clear forex backlog in aviation, manufacturing
- The Central Bank of Nigeria (CBN) has sold about $1 billion on the forward market to clear a foreign exchange (forex) backlog in selected sectors, especially aviation and manufacturing, traders said yesterday.
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