Quote from Ndubuisi Ekekwe on February 26, 2022, 9:29 AM

The Central Bank of Nigeria has issued guidelines for the RT200 scheme, which entails the apex bank paying N65 for every US$1 repatriated and sold at the Investors and Exporters Window: “N65 for every US$1 repatriated and sold at the I&E Window to Authorised Dealer Banks (ADBs) for other thirty party use, and N35 for every US$1 repatriated and sold into I&E for own use on eligible transactions only. However, the spread should not be more than 10 Kobo.”