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

Pages: [1] Go Down

Topic: CBN to Pay Recipients of Diaspora Remittances N5 for Every $1 Received (Read 937 times)

0 Members and 1 Guest are viewing this topic.

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

« on: March 08, 2021, 07:01:35 pm »

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

-----
post culled from thisdaylive

The story behind the headline — analyzed by 10 AI models, updated 4x daily. → drux.space/hub

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
Power: Discos’ Revenue Remittances to Market Drop to 30% Started by thisday Newspaper Board	0 Replies 1735 Views	October 28, 2016, 01:06:17 pm by thisday
Nigeria’s diaspora remittances hit $35b Started by thenation Newspaper Board	0 Replies 1206 Views	December 21, 2016, 01:01:20 pm by thenation
Nigerians in Americas plan 1% of annual remittances for SDGs Started by clowntom Newspaper Board	0 Replies 1748 Views	October 02, 2019, 07:07:24 pm by clowntom
CBN Clarifies Diaspora Remittances, Says Official Inflows is $2.6bn, Not $26bn Started by thisday Newspaper Board	0 Replies 2042 Views	October 13, 2019, 01:00:57 pm by thisday
Egypt, Nigeria, Morocco lead as African diaspora remittances inch closer to $100 billion Started by PulseNG General News	0 Replies 1147 Views	December 07, 2022, 07:02:45 pm by PulseNG
Experts predict diaspora remittances to Nigeria may exceed $34 billion yearly Started by PulseNG General News	0 Replies 1218 Views	March 23, 2023, 07:03:17 pm by PulseNG
Naira payment option will boost diaspora remittances – Financial experts Started by olutee Newspaper Board	0 Replies 1078 Views	July 16, 2023, 01:04:49 pm by olutee
CBN engages diasporan Nigerians to boost remittances Started by olutee Newspaper Board	0 Replies 601 Views	October 25, 2024, 01:11:04 am by olutee
Cardoso: FG considering US diaspora bond, targets $1bn monthly remittances Started by flukky-1 Newspaper Board	0 Replies 698 Views	October 28, 2024, 01:00:16 pm by flukky-1
Six Nigerians among recipients of highest US national science award Started by flukky-1 Newspaper Board	0 Replies 532 Views	January 17, 2025, 01:02:44 pm by flukky-1