• About
  • Advertise
  • Contact
Friday, May 30, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Aviation

CBN Releases $64.44mln For Payment Of All Verified Claims By Airlines

....concludes payment of forex backlog to airlines

Vital News by Vital News
January 31, 2024
in Aviation, Economy
0
CBN Releases $64.44mln For Payment Of All Verified Claims By Airlines
Share on FacebookShare on Twitter

The Central Bank of Nigeria (CBN) has concluded payment of all verified claims by airlines with an additional release of $64.44 million to the concerned airlines.

Thr Acting Director of Corporate Communications, CBN, Mrs. Hakama Sidi Ali, confirmed the payment.

She noted that the latest amount paid to the airlines brought the total verified amount paid to that sector to $136.73 million.

With this latest payment, She said that all the verified airline claims are now cleared.

According to her, the Governor, Olayemi Cardoso, and his team are committed to ensuring that the verified backlog of payments across all other sectors are cleared and confidence is restored in the Nigerian foreign exchange market.

RelatedStories

Sidi Ould Tah Elected New President Of AfDB

President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

National Sports Festival’s Impact on Ogun Economy Massive – Abiodun

Hajj 2025 : NAHCON Transports 32,549 Pilgrims To Saudi Arabia

Furthermore, she assured Nigerians that the CBN was working with stakeholders to ensure liquidity improves within the forex market, thereby reducing pressure on the Naira.

While expressing optimism that the market would respond positively with the latest injection of over $64 million, she admonished actors in the foreign exchange market to guard against speculation as such actions could hurt the Naira.

Sidi Ali, therefore, urged the public to support the reforms in the foreign exchange market.

She added that the CBN would continue to promote orderliness and professional conduct by all participants in the Nigerian Foreign Exchange Market to ensure market forces determine exchange rates.  (vitalnewsngr.com)

 

 

 

 

Tags: airlinesBacklogCBNforex
Previous Post

House Of Reps Raises Committee To Probe Plateau Killings

Next Post

Lagos Moves Against Illegal Conversion Of Residential Houses To Churches, Clubs, Mosques , Shops

Vital News

Vital News

RelatedStories

Sidi Ould Tah Elected New President Of AfDB
Economy

Sidi Ould Tah Elected New President Of AfDB

May 29, 2025
President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC
Economy

President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

May 29, 2025
National Sports Festival’s Impact on Ogun Economy Massive – Abiodun
Economy

National Sports Festival’s Impact on Ogun Economy Massive – Abiodun

May 27, 2025
Hajj 2025 : CBN Approves Cash-based BTA For Pilgrims To Ease Travel Demands
Aviation

Hajj 2025 : NAHCON Transports 32,549 Pilgrims To Saudi Arabia

May 22, 2025
We Are Better Off Together, President Tinubu To Malian Leader
Economy

Poverty Alleviation: TMSG Hails FG’s Fast-tracked Cash Transfer To 15 million Vulnerable Households

May 19, 2025
Next Post
Lagos Moves Against Illegal Conversion Of Residential Houses To Churches, Clubs, Mosques , Shops

Lagos Moves Against Illegal Conversion Of Residential Houses To Churches, Clubs, Mosques , Shops

Kidnappers Of Six Ekiti School Pupils, Teachers, Driver Asking For N100mln ransom

Kidnappers Of Six Ekiti School Pupils, Teachers, Driver Asking For N100mln ransom

Supreme Court Upholds Election Of Fintiri as Adamawa Governor

Supreme Court Upholds Election Of Fintiri as Adamawa Governor

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Guber Poll – APC Candidate, Ododo Meets Kogi Indigenes In Kano, Promises Even Development

Ogun APC Chairman, Fohun Abiola Is Dead, Governor Abiodun Mourns, Condoles Family, Associates

2 years ago
Palliatives : Okai Urges Kogi Govt To Transparently Distribute 100,000 Bags Of Rice From FG

Palliatives : Okai Urges Kogi Govt To Transparently Distribute 100,000 Bags Of Rice From FG

2 years ago
Student Loan Programme For Both Federal, State Institutions – NELFUND

NELFUND Disburses July Stipends To 20,371 Students In Six Institutions

10 months ago
OSIEC  Recalls Certificates Of Return From Elected LG Chairmen, Councillors In Osun

Adeleke Suspends OSIEC Chairman, Other Members

3 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death drugs Economy EFCC Election elections FG Fraud gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

Midterm Performance : Taraba State Rated Least In IGR, Good Governance

School Wall Collapses On Students Writing WAEC In Taraba

Army Armourer, 17 Other Soldiers, 15 Mobile Police Officers, Traditional Ruler Arrested For Selling Arms To Criminals

Islamic Cleric To Die By Hanging For Killing, Stealing N300,000 From Client In Osun

Emefiele Drags FG To Appeal Court Over Forfeiture Of 753 Units Of Houses In Abuja Estate

NDLEA Arrests Two Pilgrims Heading To Saudi Arabia With Cocaine

Trending

21 Die, 10 Missing In Niger Flood Disaster
Environment

21 Die, 10 Missing In Niger Flood Disaster

by Vital News
May 29, 2025
0

The Niger State Emergency Management Agency (NSEMA) has confirmed the death of 21 persons in massive floods...

Sidi Ould Tah Elected New President Of AfDB

Sidi Ould Tah Elected New President Of AfDB

May 29, 2025
President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

May 29, 2025
Midterm Performance : Taraba State Rated Least In IGR, Good Governance

Midterm Performance : Taraba State Rated Least In IGR, Good Governance

May 29, 2025
School Wall Collapses On Students Writing WAEC In Taraba

School Wall Collapses On Students Writing WAEC In Taraba

May 29, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • 21 Die, 10 Missing In Niger Flood Disaster May 29, 2025
  • Sidi Ould Tah Elected New President Of AfDB May 29, 2025
  • President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC May 29, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In