Startling Revelation: CBN Uncovers $2.4b Invalid FX Claims

Eko Hot Blog reports that the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has disclosed that $2.4 billion, out of the reported $7 billion in outstanding foreign exchange liabilities of the federal government, cannot be considered valid for settlement. Cardoso made this revelation in an interview with Arise Television on Monday. He … Read more