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Central Bank of Nigeria

Suspension of Extension of Export Proceeds on Behalf of Exporters

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Author
Central Bank of Nigeria
Reference No.
TED/FEM/FPC/GEN/001/001
Year
2025
Pages
2 pages

The Central Bank of Nigeria directs authorized dealers that it will no longer approve requests to extend the repatriation period for export proceeds. Export proceeds must be credited to exporters’ domiciliary accounts within 180 days for non-oil exports and 90 days for oil and gas…

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