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CBN grants IOCs approval to sell 50% repatriated export proceeds – The Sun Nigeria

CBN grants IOCs approval to sell 50% repatriated export proceeds – The Sun Nigeria
sunnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunnewsonline.com Daily Mail and Mail on Sunday newspapers.

CBN permits international oil firms to sell 50% of proceeds

The CBN has announced that international oil companies can sell their retained 50 per cent of repatriated export proceeds in the Nigerian Foreign Exchange Market.

CBN Allows IOCs to Sell Approved FX Dealers 50% of the Earnings from Exports that are Repatriated

CBN Allows IOCs to Sell Approved FX Dealers 50% of the Earnings from Exports that are Repatriated
thenews-chronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews-chronicle.com Daily Mail and Mail on Sunday newspapers.

Good News for Naira as CBN Tells Oil Companies to Sell Dollar to Dealers, Users

International oil corporations may now sell the remaining 50% of their repatriated export earnings with approval from the CBN to authorised dealers and users.

International oil firms can sell 50% of proceeds - CBN

International Oil Companies (IOCs) can sell 50% balance of their repatriated export proceeds to authorized forex dealers, the Central Bank of Nigeria (CBN), has announced. This is according to a circular on Friday signed by director, trade and exchange department, W.J. Kanya. On February 14, CBN placed limits on the…

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