CBN removes cash Pooling requirement for IOCs

Vanguardngr | 26-03-2026 07:24pm |

By Emma Ujah, Abuja Bureau Chief THE Central Bank of Nigeria (CBN) has removed the Cash Pool requirement for export proceeds of International Oil Companies (IOCs). The decision was conveyed in a circular issued by the Director of Trade and Exchange of the bank, DrMusa Nakorji, yesterday. It said the decision was “to further liberalise

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