Article
Gone Full Circle - CBN Lifts Restrictions On IOCs' Cash Pooling Arrangements Two Years After Imposing Them
On 25th March, 2026, the Central Bank of Nigeria ("CBN") issued a circular titled "Removal of Cash
Pooling Requirement for International Oil Companies (IOCs)" (the "2026 Circular")...
Udo Udoma & Belo-Osagie