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3 New Articles
  • 18 minutes ago African tech institutes hold forum to drive Africa’s tech-Led industrial revolution
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  • 13 hours ago Tinubu meets Gabon president, Nguema to strengthen diplomatic, economic ties
Home Tag Archives: Importation credit

Tag Archives: Importation credit

Banking & Finance

Goods importation credit dropped by 62% in Q1 2024 – CBN

By Breezynews
26 May 2024
in :  Banking & Finance
0
549

Nigeria recorded $204.47 million as letters of credit payments in the first quarter (Q1) of 2024. According to the international payments data obtained from the Central Bank of Nigeria (CBN) on Sunday, the figure recorded in Q1 represents a decrease of $344.75 million or 62.7 per cent compared to the $549.22 million reported in the same quarter in 2023. A …

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