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Maroc Maroc - MCEBISCOO.COM - A La Une - 08/Aug 13:07

NACCIMA Warns Non-payment of FX Forwards by CBN Pushing Companies into Bankruptcy

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) warns that the non-payment of foreign exchange (FX) forwards has severely crippled affected companies, pushing many towards bankruptcy. The NACCIMA National President, Mr. Dele Oye, recently lamented that the non-payment of the FX forwards had severely affected companies claiming that businesses and banks […]

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