CBN extends timeline for issuance of letters of credit to five working days as FX crisis persists in Nigeria

Thread starter Stalwart23
Start date Dec 8, 2023

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Stalwart23

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Premium User

Dec 8, 2023

#1

The Central Bank of Nigeria (CBN) has extended the timeline for the issuance of letters of credits from 24 hours to five working days as the country continues to struggle with foreign exchange scarcity.

The post CBN extends timeline for issuance of letters of credit to five working days as FX crisis persists in Nigeria appeared first on Nairametrics.

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