How much value can new CBN’s subsidy in FX market bring?

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

On Friday, February 25, the Central Bank of Nigeria, through a circular titled ‘Operating Guidelines for RT200 Non-Oil Export Process Repatriation Rebate

n Friday, February 25, the Central Bank of Nigeria, through a circular titled ‘Operating Guidelines for RT200 Non-Oil Export Process Repatriation Rebate Scheme’, surprised Nigerians and perhaps the global audience, announced a new subsidy regime of offering N65 bonus for every $1 repatriated to the country and sold at the Investors and Exporters window in respect of proceeds from export of non-oil goods.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines