has introduced a “Naira 4 Dollar Scheme”, an incentive that pays naira to senders and recipients of international money transfers.
According to the bank, recipients of diaspora remittances through CBN’s International money transfer operators will now be paid N5 for every $1 received as remittance inflow.
Omon see groove
🤣😅 wayo
They have run cbn dry.
Promo with Naira?
Promo!!! Our president who promised to equalise naira and dollar has added 5 naira on top a dollar now.... Congratulations to our brothers and sisters abroad. Fellow Nigerians, as 2023 is drawing close, please put on you thinking cap. Don't allow politicians to deceive you again
😅🤣🤣
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CBN extends deadline for dollar for naira promoThis move is expected to further boost the country’s foreign reserve and increase dollar circulation...................................... 🤣 When the central bank of a country resorts to promo... Na them go tire
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Naira falls as CBN introduces forex promoThe CBN directed all Deposit Money Banks and International Money Transfer Operators to henceforth pay recipients of diaspora remittances N5 for every $1 received as inflow. cenbank should realize that technology is not to be fought but leveraged. Money as we know it has changed levels; Cryptocurrency and Blockchain revolution is the new normal. No amount of forex promo can alter this! The worst CBN govy ever!
Source: PremiumTimesng - 🏆 3. / 78 Read more »
ACJHR gives pass mark on CBN Naira-for Dollar policy - Vanguard NewsThe African Centre for Justice and Human Rights, ACJHR, has commended the Central Bank of Nigeria, CBN, for its introduction of the 'Naira-for-Dollar policy
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Banks woo customers with new CBN ‘naira-4-dollar’ policyDeposit Money Banks on Sunday started wooing customers ahead of the commencement of the latest ‘Naira-for-Dollar’ policy of the Central Bank of Nig...
Source: MobilePunch - 🏆 8. / 63 Read more »
Dabiri-Erewa Applauds CBN Over 'Naira 4 Dollar Scheme'By Adegwu John, Abuja Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM) Hon. Abike Dabiri-Erewa has applauded the Central Bank of Nigeria on the
Source: LeadershipNGA - 🏆 4. / 77 Read more »