The Central Bank of Nigeria (CBN) says it has cleared the $7 billion foreign exchange (FX) backlog inherited by Governor Yemi Cardoso. In a statement on Wednesday, CBN’s Acting Director of Corporate Communications, Mrs Hakama Sidi Ali, confirmed the settlement of all valid FX backlog claims. The CBN, she said, employed Deloitte Consulting, an independent auditing firm, to meticulously assess the transactions, ensuring that only legitimate claims were honoured. “Any invalid transactions were referred to the relevant authorities for further investigation,” she stated.
NCDC launches emergency intervention as Lassa fever cases rise to 1,154
The Nigeria Centre for Disease Control and Prevention (NCDC) has recorded 1,154 confirmed cases of Lassa fever out of the...
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