CBN orders banks to name exporters failing to repatriate export proceeds

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

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Central Bank of Nigeria has directed all banks to submit the names, addresses and Bank Verification Numbers of exporters defaulting in repatriating their ex

A statement from the CBN said this was agreed Tuesday at the Bankers’ Committee virtual meeting. CBN Governor Godwin Emefiele disclosed plans to meet chief executives of multinational companies in Nigeria to discuss the revamp of Nigerian exports.Emefiele said the CBN, in collaboration with the Federal Ministry of Industry, Trade and Investment, would ensure the facilitation of a reboot of the Nigerian export market.

 

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 Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rice farmers escape with N364m Central Bank of Nigeria loans in Taraba State“None of them, as I am talking with you, has refunded the facility extended to them, and many of them are on the run now.” CBNLoans TarabaState RiceFarmers
Source: GuardianNigeria - 🏆 1. / 94 Read more »

CBN directs banks to take charge of electricity bill collectionOver the years, poor collection rate has been identified as a major factor militating against the performance of the DisCos.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

CBN to control price on imported goodsThe Central Bank of Nigeria (CBN) said it has taken steps to ensure prices of imported goods with official forex allocations are not overpriced. The CBN said it
Source: Daily Trust - 🏆 13. / 51 Read more »

CBN to clamp down on forex abuse by dealers|p style=
Source: MobilePunch - 🏆 8. / 63 Read more »

CBN moves against forex over-invoicing | The NationA measure aimed at saving dollars for the economy and improving exchange rate stability has been introduced by the Central ,,,
Source: TheNationNews - 🏆 6. / 69 Read more »

Ex-Deputy CBN Gov, Mailafia, Resigns from NIPSS - THISDAYLIVEBy Seriki Adinoyi The embattled former Deputy Governor of Central Bank of Nigeria (CBN), Dr Obadiah Mailafia, has resigned his appointment from the National Institute for Policy and Strategic Studies (NIPSS). This was confirmed by his counsel, Mr. Yakubu Bawa. His resignation may not be unconnected with his controversial interview with Nigeria Info FM. He …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »