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The Central Bank of Nigeria is taking decisive steps to put an end to the practice of multiple exchange rates in the country and also end Emefiele schemes.
The RT200 programme of the Central Bank of Nigeria (CBN), which was launched in February of 2022, has continued to make good progress in the purpose for which
Foreign exchange repatriation into Nigeria increased by 40% due to the implementation of the RT200 FX programme.
Lagos, May 9, 2023 The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said that export proceed repatriation into the country increased by 40 per cent from three billion dollars in 2021 to 5.6 billion dollars at the end of 2022. Emefiele said this at the Bi-annual RT200 Non-Oil Export Summit with the |
Key Highlights Emefiele said the foreign exchange repatriation into Nigeria increased by 40% as a result of the implementation of