THE Central Bank of Nigeria (CBN) has removed the Cash Pool requirement for export proceeds of International Oil Companies (IOCs). The decision was conveyed in a circular issued by the Director of ...
Post-financial crisis, notional pooling was one of the tools that received increased interest as companies looked to optimize their internal cash sources. However, higher bank equity requirements and ...
The Central Bank of Nigeria (CBN) has removed the cash pooling requirement imposed on International Oil Companies (IOCs), granting them full and immediate access to their repatriated export proceeds ...
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