In early December 2024, Ghana made headlines across the globe as John Dramani Mahama of …
Read More »Nigeria ends incentive payment for remittances
The Central Bank of Nigeria (CBN) has announced that its “Naira 4 Dollar” remittance scheme will end on 30 June 2023. The policy, which was introduced in March 2021 to encourage the inflow of foreign currency, will no longer be in operation as from 1 July, it said. Under the scheme, the CBN pays out a reward of N5 for …
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