The Central Bank of Nigeria (CBN) has disclosed that its foreign exchange policies, particularly the ‘Naira 4 Dollar Scheme’ have led to exponential boost in diaspora remittances into the country in the past one year. The CBN Governor, Godwin Emefiele, made this disclosure at a special press briefing at the end of the Bankers’ Committee […]
The Central Bank of Nigeria (CBN) indicated on Thursday, through its Bankers Committee, the intention to intensify its foreign exchange restriction on imported items as part of sustained efforts to ease pressure on the country’s external reserves and boost local production of goods. The Managing Director of Access Bank Plc, Mr. Herbert Wigwe, gave this […]