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May 12, 2021
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In an effort to liberalize, simplify and improve the receipt and administration of diaspora remittances into Nigeria, the Central Bank of Nigeria (CBN) wishes to announce as follows: • Beneficiaries of Diaspora Remittances through International Money Transfer Operators (IMTOs) shall henceforth receive such inflows in foreign currency (US Dollars) through the designated Continue Reading
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The Central Bank of Nigeria (CBN) has unveiled plans to release a framework for the integration of non-interest window in all its intervention programmes, particularly the Anchor Borrowers’ Programme (ABP) and the Targeted Credit Facility (TCF) to  support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic . The Bank also […]Continue Reading