The CBN has announced that it would commence the payment of N65 rebate to exporters who sold their goods through the I&E window.
Anyone conducting business involving forex in Nigeria will have to quote the prevailing NAFEX exchange rate as the official exchange rate.
The 2nd week of May promises to be a profitable week, spurred on by the activities of last week.
Nigeria's CBN has recorded a 7 fold increase in remittances since it introduced the Naira4Dollar scheme.
Some experts have raised concerns over the implementation of CBN's Naira4Dollar policy.