President Tinubu Commits to Clearing $3 Billion FX Contracts Backlog in Nigeria0

• Business, Local, News, Politics
• October 23, 2023

President Tinubu Commits to Clearing $3 Billion FX Contracts Backlog in Nigeria President Bola Tinubu has vowed to clear a gaping foreign exchange future contracts backlog which has drained investor confidence in the country’s bold FX reforms. The Central Bank of Nigeria (CBN) sold what is called forward contracts to several Nigerian businesses with the