DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
Nigeria
10 articles
DCW Updates
Nigerian Court Freezes Funds of Bank Tied to LC Dispute
A Nigerian court has instructed the freezing of Nigerian Naira 7.15 billion (USD 5 million) at a bank accused
DCW Updates
Nigeria Reports Drop in LCs for 2Q23
Although letter of credit payments of USD 841.21 million for the first half of 2023 were 12.3% higher
DCW Updates
Nigeria and Russia to Deal for Fertiliser Raw Materials
In spite of the ongoing Russia-Ukraine war, Nigeria has re-established its link with Russia for potassium and will