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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
Year
2025
Pages
2 pages

The circular announces that the Central Bank of Nigeria will no longer approve requests by Authorized Dealers to extend the repatriation period for export proceeds. It reiterates that proceeds from non-oil exports must be repatriated into exporters’ export proceeds domiciliary accounts within 180 days of…

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