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Tag "Naira 4 Dollar"

Naira 4 Dollar Scheme: We’ve recorded $2.4bn diaspora remittances in 2022, says CBN

    Naira 4 Dollar Scheme: We’ve recorded $2.4bn diaspora remittances in 2022, says CBN

The Central Bank of Nigeria (CBN) says the country has recorded $2.4 billion in diaspora remittances through its ‘Naira 4 Dollar Scheme’ in 2022. In March 2021, the apex bank

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CBN extends payment of N5 bonus for every $1 diaspora remittances indefinitely

    CBN extends payment of N5 bonus for every $1 diaspora remittances indefinitely

The Central Bank of Nigeria (CBN) has announced the continuation of its “Naira 4 Dollar Scheme” — an incentive for senders and recipients of international money transfers — until further

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Week in review: ‘Naira 4 Dollar’ & oil in focus

    Week in review: ‘Naira 4 Dollar’ & oil in focus

It was a week defined by fluctuating bond yields, easing inflation fears, monetary bazookas, and US stimulus hopes. For Nigeria, the spotlight was on the ‘Naira 4 Dollar’ scheme introduced

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