December 4, 2020/Cowry Asset Report We commend the CBN on this strategic move which we expect will further boost foreign currency supply in the country –especially at the parallel (“black”) market. CBN’s expected monthly inflow from diaspora remittances is USD2 billion. With the beneficiaries receiving their monies in foreign currency, […]

December 4, 2020/CBN Being Remarks by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, CON on Improving Remittance Inflows into Nigeria held Thursday, December 3, 2020 (Protocols) Over the past few days, the Central Bank of Nigeria (CBN) has announced new policy measures in the country’s remittance programme, […]

December 3, 2020/Ecobank In a reaction to the recent announcement by the Central Bank Nigeria (CBN) that beneficiaries of remittances can now receive their transfers in Dollars or opt to have funds paid directly into their domiciliary accounts, Ecobank Nigeria has assured its customers that it will put the necessary processes […]