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Tag "Crude oil proceeds"

‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

    ‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

The Central Bank of Nigeria (CBN) has placed limits on the transfer of proceeds from crude exports by international oil companies (IOCs) to offshore parent company accounts. According to a

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E dey illegal for NNPC to give CBN crude oil profit — as Atiku tok?

    E dey illegal for NNPC to give CBN crude oil profit — as Atiku tok?

E never tey wey former Vice-President Abubakar Atiku tok sey di order wey federal govment give Nigerian National Petroleum Company (NNPC) sey make dem cari all di moni wey dem

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Ǹjẹ́ ìwà tó lòdì sí òfin ni kí NNPC máa fún ìjọba ní owó epo rọ̀bì bí Atiku ṣe sọ?

    Ǹjẹ́ ìwà tó lòdì sí òfin ni kí NNPC máa fún ìjọba ní owó epo rọ̀bì bí Atiku ṣe sọ?

Abubakar Atiku, igbákejì Ààrẹ orílẹ̀-èdè Nàìjíríà tẹ́lẹ̀rí sọ pe àṣẹ tí ìjọba àpapọ̀ pa fún Nigerian National Petroleum Company Limited (NNPCL), ẹ̀ka ìjọba tí ó ń ṣe àkóso epo rọ̀bì

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FACT CHECK: Is it illegal for NNPC to remit crude oil proceeds to CBN — as claimed by Atiku?

    FACT CHECK: Is it illegal for NNPC to remit crude oil proceeds to CBN — as claimed by Atiku?

Former Vice-President Abubakar Atiku recently said the federal government’s directive to the Nigerian National Petroleum Company (NNPC) for the remittance of crude oil sales proceeds to the Central Bank of

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