By Elizabeth Adegbesan Nigeria’s foreign trade payments through Letter of Credit (LC) fell by 146.5 percent year-on-year (YoY) to $434.05 million in the first nine months of 2024 (9M’24) from $1.07 billion in the corresponding period of 2023. The Central Bank of Nigeria, CBN, disclosed this in its International Payments Data for the review period. An […]

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