Fitch, a credit ratings agency on Thursday, said the Central Bank of Nigeria (CBN) has continued to face shortage of foreign exchange needed to clear the forex backlog. Gaimin Nonyane, Fitch’s Director of Middle East and Africa Sovereigns, who stated this, noted that the country’s high debt service to revenue ratio is also contributing to […]
The post Fitch says CBN still far short of amount needed to clear forex backlog first appeared on Business Hallmark.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2025 All Rights Reserved | Curated and Powered by Nigeria DNA
