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Tag "Export proceeds"

CBN: IOCs can sell 50% of repatriated export proceeds to authorised FX dealers

    CBN: IOCs can sell 50% of repatriated export proceeds to authorised FX dealers

The Central Bank of Nigeria (CBN) says international oil companies (IOCs) can sell their 50 percent balance of repatriated export proceeds in the Nigeria Foreign Exchange Market. CBN made this

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CBN relaxes restriction on repatriation of export proceeds by IOCs

    CBN relaxes restriction on repatriation of export proceeds by IOCs

The Central Bank of Nigeria (CBN) has reviewed its directive on the repatriation of export proceeds by international oil companies (IOCs). In a circular on May 6, CBN said IOCs

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