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Central Bank of Nigeria

Repatriation of Export Proceeds (Oil and Non-oil)

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Author
Central Bank of Nigeria
Year
2015
Pages
2 pages

The Central Bank of Nigeria directs authorised dealers and the general public to ensure that oil export proceeds are repatriated into exporters’ domiciliary accounts within 90 days and non-oil export proceeds within 180 days. Failure may make the collecting bank liable for a fine of…

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