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CBN unveils new FX guidelines, approves cash movement of $50,000
Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can move cash of up to $50,000, but must be declared at the point of exit.The bank also retained the earlier provision for the movement or import of cash of up to $10,000 without having to declare it.
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businessday.ng
CBN frees personal dollar accounts, tightens oversight of export proceeds in new FX rules - Businessday NG
The Central Bank of Nigeria (CBN) has introduced a new foreign exchange framework that grants holders of ordinary domiciliary accounts...
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vanguardngr.com
CBN releases FX guidelines, approves export of $50,000
The Central Bank of Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can export $50,000 cash.
