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Farooq

Posts Tagged "airlines"

HomePosts Tagged "airlines"
  • dollar to naira

LAGOS May 10 (Reuters) – Nigeria’s central bank plans to auction an undisclosed amount of dollars on Wednesday through book building to settle a backlog of demand for airlines, fuel and raw material imports, traders said. Traders said the central bank had asked lenders to bid for hard currency for specific sectors in efforts to […]

LAGOS, April 4 (Reuters) – Nigeria’s central bank said on Tuesday it will offer dollar forwards to be delivered within two months to offset a backlog of matured foreign exchange obligations to manufacturers, airlines, fuel importers and agriculture businesses. “Authorised dealers’ accounts with the central bank will be debited in full for the naira equivalent […]