By Adedapo Adesanya Nigeria’s Letter of Credit payments dropped by 57 per cent to $391.9 million in the first seven months of 2024, according to data released by the Central Bank of Nigeria (CBN). A Letter of Credit is a financial payment document issued by a bank or other institution that guarantees a buyer’s payment […]
Nigeria’s Letter of Credit Payments Drop 57% to $391.9m in Seven Months
