Topic: CBN to Pay Recipients of Diaspora Remittances N5 for Every $1 Received  (Read 914 times)

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CBN to Pay Recipients of Diaspora Remittances N5 for Every $1 Received

By Obinna Chima Introduces ‘Naira 4 Dollar Scheme’   To sustain and further boost inflows of diaspora remittances into the country, the Central Bank of Nigeria will pay recipients of diaspora remittances through CBN licensed IMTOs N5 for every $1 received as remittances inflow.   In a Circular seen by THISDAY, the apex bank announced […]
Source: CBN to Pay Recipients of Diaspora Remittances N5 for Every $1 Received

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post culled from thisdaylive

 

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