Reuters quoted the spokesperson of the apex bank, Dr. Isah Abdulmumin, to have confirmed the development on Thursday adding that banking sources said an initial payment of $1 billion had been made.
President Bola Tinubu, had while declaring open the 29th edition of the Nigerian Economic Summit in Abuja last week Monday, stated: “All foreign exchange future contracts will be honoured by this government. I assure you we have a line of sight to the foreign exchange we need to refloat this economy, and we will get it.”
