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    Nigeria Naira appreciates as CBN clears banks' $6.7 billion forex backlog

    The Minister of Finance, Wale Edun, has estimated that the outstanding forward payments total $6.7 billion. The news that the Central Bank of Nigeria has started to clear some of its foreign exchange backlogs on Thursday has caused the naira to strengthen to N1,120 against the dollar in the...
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    • backlog cbn central bank of nigeria foreign exchange foreign exchange backlog minister of finance wale edun
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    • Forum: Nigeria Forum
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