Remittances: CBN introduces N5 reward for every one US dollar received

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Tribune Online
Remittances: CBN introduces N5 reward for every one US dollar received

Remittances, naira

The Central Bank of Nigeria (CBN), on Saturday, introduced a new incentive to encourage the inflow of diaspora remittances. The incentive, tagged “Naira 4 Dollar Scheme”, was announced in a circular signed by Saleh Jibrin, CBN‘s Director, Trade and Exchange Department. Jibrin said that the scheme, which would run between March and May, would allow […]

Remittances: CBN introduces N5 reward for every one US dollar received
Tribune Online



Source: Nigerian Tribune