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Home»Business»CBN Assures Investors Willing To Repatriate Funds Of Their Money Amid Crude Oil Revenue Drop
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CBN Assures Investors Willing To Repatriate Funds Of Their Money Amid Crude Oil Revenue Drop

Kennedy IgweBy Kennedy IgweMay 11, 2020No Comments1 Min Read
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The Central Bank of Nigeria, CBN has guaranteed investors interested in repatriating their funds from the country that they will get their money, notwithstanding the drop in the revenue from crude oil.

In a series of tweets via its verified Twitter handle on Sunday, the apex bank also said it ‘has put in place policies to ensure an orderly exit for those that might be interested in doing so’.

It added that ‘Foreign Exchange available would be devoted to strategic importation or service obligations that are priority’.

The CBN tweet read: “Investors interested in repatriating their funds from the country are guaranteed to get their money, notwithstanding the drop in the revenue from crude oil.

“#CBN has put in place policies to ensure an orderly exit for those that might be interested in doing so.

“Foreign Exchange available would be devoted to strategic importation or service obligations that are priority.”

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