CBN approves full forex repatriation for oil firms

By Boluwatife Oshadiya | March 26, 2026 Key Points Main Story The Central Bank of Nigeria has approved full repatriation of export proceeds for International Oil Companies (IOCs), granting them unrestricted access to 100 per cent of their foreign exchange earnings. The directive, issued via a circular from the apex bank’s Trade and Exchange Department, … Continue reading CBN approves full forex repatriation for oil firms