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NAIRA 4 DOLLAR SCHEME
The CBN has said that its FX policies especially the Naira4Dollar scheme has led to significant improvement in diaspora remittances.
The Central Bank of Nigeria has had a very busy 2021, combating pandemic effects, depreciation of buying power,...
Many analysts worry that taxpayers funds will be going to reward forex earners and many others see the policy as a subtle devaluation.
ABCON) has shown its full support to the recent ‘CBN Naira 4 Dollar Scheme'.
CBN introduces ‘Naira 4 Dollar Scheme’ for diaspora remittances, to pay N5 for every $1 remitted