Diaspora remittances: Examining CBN’s Naira4Dollar incentive
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) on March 5 introduced the Naira4Dollar scheme to encourage increased diaspora remittances into the country. Announcing the introduction of the scheme in a circular, Saleh Jibrin, CBN ‘s Director, Trade and Exchange Department, said that it would allow all recipients of diaspora remittances to be paid […]