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CBN Relaxes Restriction On Repatriation Of FX Proceeds By Oil Firms

CBN Relaxes Restriction On Repatriation Of FX Proceeds By Oil Firms
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Nigeria
Nigerian
Hassan-mahmud
Exchange-department
Central-bank
Nigerian-foreign-exchange-market
Cash-pooling

CBN clarifies education, petroleum tax for cash pooling settlement

CBN clarifies education, petroleum tax for cash pooling settlement
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Nigeria
Nigerian
Central-bank
Exchange-department-dr-hassan-mahmud-on
Exchange-department-dr-hassan-mahmud
Cash-pooling

Nigeria's Central Bank Issues Requirements For Foreign Currency Cash Pooling On Behalf Of IOCs, Allowable Deviation Limit On Price Verification System

The Central Bank of Nigeria (CBN) has released the requirements for foreign currency cash pooling on behalf of International Oil Companies (IOCs) in Nigeria.   The apex bank made the requirements known in a circular dated February 14, 2024, signed by the Director of Trade and Exchange Department, Dr. Hassan Mahmud, and sent to all authorised dealer banks in the country.

Nigeria
Nigerian
Hassan-mahmud
Exchange-department
Central-bank
Nigerian-foreign-exchange-market
International-oil-companies-iocs
International-oil-companies
Cash-pooling
Forex-form
Price-verification-system
Authorized-dealer-banks

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