CBN to Clear $10Bn Forex Backlog in 2 Weeks- Shonubi

Central Bank of Nigeria (CBN) is working with commercial banks to clear $10 billion foreign exchange (forex) backlog within the next two weeks, according to Folashodun Shonubi, acting governor of the apex bank. Shonubi who spoke at a forum yesterday in Lagos, said the backlogs would be cleared through different structures within the forex market. […]