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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.

Hassan mahmudExchange departmentCentral bankNigerian foreign exchange marketInternational oil companies iocsInternational oil companiesCash poolingForex formPrice verification systemAuthorized dealer banksInvestigative reportingBreaking news

Naira falls to N1,640/$ in parallel market

Naira falls to N1,640/$ in parallel market
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

Elizabeth adegbesanNigerian foreign exchange market

Naira depreciate to 1565/$ in parallel market

Naira depreciate to 1565/$ in parallel market
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

Elizabeth adegbesanNigerian foreign exchange market

Naira falls to 1510/$ in parallel market

Naira falls to 1510/$ in parallel market
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

Elizabeth adegbesanNigerian foreign exchange market

CBN Makes 1st Forex Market Intervention In 5 Months, Sells $86m

The Central Bank of Nigeria (CBN) intervened in the foreign exchange market for the first time in five months, to provide some liquidity and reduce pressure

Olayemi cardosoInternational monetary fundNigerian autonomous foreign exchange marketNigerian foreign exchange marketInternational money transfer operators imtosCentral bankInternational money transfer operatorsNigerian foreign exchange