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Nigeria Central Bank Clears $2 Billion FX Backlog
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Nigeria's central bank has settled a $2 billion FX backlog, including payments to foreign airlines, addressing a deficit and boosting confidence in the foreign exchange market.
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How might the resolution of the FX backlog impact Nigeria's overall economic stability?
What measures could Nigeria take to further address the country's foreign currency shortages?
What role does the central bank play in managing foreign exchange markets and safeguarding currency stability?
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