CBN to sell dollars to fuel importers, airlines
The Central Bank of Nigeria plans to offer dollar forwards to be delivered within two months, in a bid to offset the backlog of matured forex obligations to fuel importers, manufacturers and…
Nigeria central bank intervenes to avert fuel scarcity
Nigeria’s central bank on Monday asked commercial banks to submit a backlog of dollar demand for fuel importers for a special intervention. Traders say the government is seeking to prevent the scarcity…