CBN Settles All FX Backlog, Reserves Hits $34.1BN |
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The Central Bank of Nigeria (CBN) says it has cleared the $7 billion foreign exchange (FX) backlog inherited by Governor Yemi Cardoso.
This is according to a statement by the Apex Bank Acting Director, Corporate Communications, Mrs. HakamaSidi. She said the step was in fulfillment of a key pledge of the CBN Governor, Mr. Yemi Cardoso, to process an inherited backlog of seven billion dollars in claims. The Acting Director said CBN recently concluded the payment of 1.5 billion to settle obligations to bank customers, effectively settling the residual balance of the fx backlog stating that independent auditors from Deloitte Consulting meticulously assessed the transactions, ensuring that only legitimate claims were honoured. #breakingnews #tinubu #bolaahmedtinubu #kashimshettima #abuja #TVCNews #TVC #News #NaijaNews #NaijaGist #Entertainment #NewsUpdate #BreakingNews #NewsInNigeria #TrendingGists #latestnews #todaynews #BreakingNews #TrendingVideo #YouTubeRewind #Trending #Viral #Music #EntertainmentNews #ClimateChange #BusinessNews #SportsNews #AfricaNews #NigerianYouth #NigerianSports #NigeriaEconomy #NigeriaNews Join this channel to get access to Exclusive Trending News Content: https://www.youtube.com/channel/UCgp4A6I8LCWrhUzn-5SbKvA/join Don't forget to subscribe: https://bit.ly/35V0PCJ Watch more interesting videos: https://bit.ly/3xOHq2f Follow TVC News On: Twitter: https://twitter.com/tvcnewsng Instagram: https://instagram.com/tvcnewsng Facebook: https://www.facebook.com/tvcnewsng/ Get more news on our website: http://www.tvcnews.tv/ Download the mobile app Android: https://bit.ly/3wYz33U iPhone: Go to apple store |