Tag: Naira 4 Dollar Scheme
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CBN launches ‘Naira 4 Dollar Scheme’, beneficiaries to get N5 for every USD received
The Central Bank of Nigeria (CBN) has introduced the ‘CBN Naira 4 Dollar Scheme’ in its bid to sustain the increase in inflows of diaspora remittances into the country. CBN announced this in a circular to all deposit money banks, International Money Transfer Operators (IMTOs), and the public in general. In the document dated March…