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Home Digital Media

CBN’s New Non-Resident Nigerian Accounts, What It Means!

George Antia by George Antia
January 21, 2025
in Digital Media, Nairametrics TV, Podcast
Why The Naira Is Gaining Against The Dollar.
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Nigeria’s insecurity and geopolitics: risk and opportunities for Naira, investing and interest rates  

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The Central Bank of Nigeria (CBN) has introduced two new account types for Nigerians in the diaspora: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA). These accounts offer seamless foreign and local currency transactions, investment in Nigerian assets, and full repatriation of funds. Designed to enhance financial inclusion and boost diaspora investments, they open new opportunities for Nigerians abroad to contribute to the economy.

Want to learn how these accounts can benefit you? Watch the full breakdown on The Money Brief now on Nairametrics TV on YouTube!

Tags: Non-Resident Nigerian Investment AccountNon-Resident Nigerian Ordinary Account
George Antia

George Antia

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