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Exporters reject CBN directive on export proceeds

Exporters reject CBN directive on export proceeds Stakeholders in the non-oil export sector have rejected the Central Bank of Nigeria’s new guidelines on the utilisation of export proceeds. The stakeholders, comprising heads of all commodity associations in the country, rejected the policy on the grounds that it was a disincentive to exportation. They noted further that the policy contradicted the stand of... 
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Added February 26, 2015
from The Punch News