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Nigeria's Central Bank Tackles Forex Backlog
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Overview
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Nigeria's central bank is addressing a $7 billion forex backlog through independent forensic review and sanctions enforcement. The aim is to restore investor confidence and settle outstanding liabilities.
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How do the findings of the forensic review and sanctions enforcement contribute to the overall integrity of Nigeria's financial system?
How might the resolution of the forex backlog impact Nigeria's financial market and investor confidence?
What measures can be taken to prevent similar forex backlog issues in the future?
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