The Naira, the currency of Nigeria, strengthened against the US dollar on Wednesday in both the official and black markets. On the black market, the local...
The Central Bank of Nigeria (CNB) paid out an additional $400 million in legitimate foreign exchange backlog to individuals who were properly identified, according to CBN...
A further $64.44 million of the verified foreign exchange backlog owed to airlines has been paid by Nigeria’s central bank. The payment brings the total payments...