Nigeria's CBN Okays 100% Forex Repatriation for Oil Companies
The Central Bank of Nigeria (CBN) has announced that International Oil Companies (IOCs) can now repatriate 100% of their export proceeds, a move aimed at boosting forex liquidity and market stability.
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CBN okays 100% forex repatriation for oil companies
The Central Bank of Nigeria now allows International Oil Companies full access to 100% of their forex repatriation proceeds to boost market liquidity. Read More: https://punchng.com/cbn-okays-100-forex-repatriation-for-oil-companies/
By Punch Newspapers
Read full article →CBN grants IOCs access to repatriate 100% export proceeds
The Central Bank of Nigeria, CBN, on Wednesday, granted International Oil Companies (IOCs) unfettered access to repatriate 100 percent of their export proceeds through Authorised Dealer Banks (ADBS). The post CBN grants IOCs access to repatriate 100% export proceeds appeared first on Vanguard News.
By Henry Oduah
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