Banks automatically create domiciliary accounts for Naira4Dollar recipients
The Naira4Dollar Scheme does not require banks to seek your permission to open a domiciliary account.
Tag: diaspora remittances
Diaspora Remittances: Access Bank to pay customers N5 for every $1 received
The reward scheme is in line with the CBN’s “Naira 4 Dollar scheme” aimed at encouraging the inflow of diaspora ...
Diaspora Remittances: Mobile Payment Operators appeal to CBN to allow naira payments
Members of the Association of Licensed Mobile Payments Operators (ALMPO) is appealing to the CBN to change its policy directive ...
Nigeria’s economy can’t survive without diaspora inputs, says PwC Chief Economist
Dr Andrew Nevin, Chief Economist of PwC, disclosed that the remittance inflows into the country show that Nigeria depends largely ...
Nigeria receives $17.5 billion diaspora remittances in 2019
Nigeria received $17.57 billion in direct diaspora remittances in 2019. According to data published by (@cenbank), remittances rose by 56.4% ...
