The Central Bank of Nigeria (CBN) has disclosed that the nation’s official currency, the naira can now stand as a payout option for remittances from the...
***Says It Will Reduce Cost, Check Round-Tripping The Central Bank of Nigeria has explained that its new policy “CBN Naira 4 Dollar Scheme” is aimed...
The Central Bank of Nigeria (CBN) has dangled to the diasporas an incentive of N5 per $1 for every dollar remitted to Nigeria through any...
The CBN has expressed displeasure over continued diaspora remittances into the country in Naira, instead of dollars, by International Money Transfer Operators (IMTOs) and unlicensed companies,...