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Read more about the article Oil firms get full control of export proceeds as CBN scraps cash pooling
Oil-rig

Oil firms get full control of export proceeds as CBN scraps cash pooling

  • Post author:Fattyma Ibrahim
  • Post published:March 26, 2026
  • Post category:Business & Economy/Oil and Gas
  • Post comments:0 Comments

The Central Bank of Nigeria (CBN) has announced that it has removed the cash pooling requirement for international oil firms (IOCs), allowing them unfettered access to their export revenues. Cash…

Continue ReadingOil firms get full control of export proceeds as CBN scraps cash pooling

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