Section 4: Sources of foreign currency in the Market

For the avoidance of doubt, foreign currency from the following sources may be sold in the Market, that is-(a) foreign currency domiciliary accounts maintained in authorised banks in Nigeria;
(b)
foreign currency held or imported by-
(i) Nigerian citizens returning home from any other place outside Nigeria;
(ii) foreign nationals resident in Nigeria;
(c) agency commissions, professional fees and other forms of invisible earnings;
(d) non-oil export proceeds earned by exporters of Nigerian commodities;
(e) foreign currency held by Nigerian citizens resident in Nigeria;
(f) foreign currency imported by foreign nationals to purchase goods in Nigeria;
(g) foreign currency imported or held by foreign embassies, high commissions and international organisations from external sources;
(h) foreign currency held in external accounts by individuals, bodies corporate and unincorporated, commission agents, professional bodies, insurance companies and other similar bodies;
(i) foreign currency imported by tourists into Nigeria;
(j) foreign currency provided by the Central Bank;
(k) foreign currency imported for direct investment in Nigeria; and
(l)
foreign currency from such other sources as the Minister may, from time to time, specify by order published in the Gazette.