
Central Bank of Nigeria
Repatriation of Export Proceeds (Oil and Non-oil)
- 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…