Friday, February 16, 2024

Nigeria’s Central Bank Bars Foreign Oil Firms From Repatriating 100% Foreign Exchange Proceeds At Once

INTRO


Nigeria's central bank has set a limit on foreign currency transfers of proceeds from crude export by international oil companies to their parent companies abroad.


This is part of the government's measures to improve dollar supply in the country.


Correspondent Ajeck Mangut reports.


INTRO: "The apex...

OUT: SOC

DUR: 53"


Clip: http://www.fsnradionews.com/feeds/1602Nigerialimitsfxtransfersforforeignoilcompanies-AM-generic.mp3