CBN relaxes rules on foreign remittances, domiciliary accounts
The Central Bank of Nigeria (CBN) has relaxed its rules on foreign remittances and domiciliary accounts. In a statement signed by the apex bank’s director of trade & exchange, O.S Nnaji, it was gathered that beneficiaries of diaspora remittances through the international monetary transfer operators (IMTO) shall now allow inflows in foreign currency (US Dollar) […]
Continue Reading