CBN Gov Cardoso insists all FX backlogs cleared

CBN Gov Cardoso insists all FX backlogs cleared

DAILY POST

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, says those claiming the foreign exchange backlog has not been cleared should approach the open market to verify the situation.

The CBN governor insisted that all valid FX backlog had been cleared.

Cardoso spoke Tuesday while briefing journalists at the end of the 294th Monetary Policy Committee meeting in Abuja.

He stressed that the apex bank had settled all valid forex backlogs amid the continued appreciation of Naira against the US dollar at the forex market.

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