MAN Expresses Concerns Over Failure To Honour $2.4bn Forward Contracts

Newtelegraphng | 15-08-2024 01:11pm |

The Manufacturers Association of Nigeria (MAN) has raised the alarm that the country’s manufacturing sector is facing some difficulties over the Central Bank of Nigeria (CBN)’s intention not to honour $2.4 billion worth of forward contracts from the backlog of $7 billion. Specifically, MAN explained that the apex bank’s decision was already disrupting the country’s...The post MAN Expresses Concerns Over Failure To Honour $2.4bn Forward Contracts first appeared on New Telegraph.The post MAN Expresses Concerns Over Failure To Honour $2.4bn Forward Contracts appeared first on New Telegraph.

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