What CBN’s new policy on diaspora remittances means for naira to dollar exchange — Gwadabe

The president of the Association of Bureaux De Change Operators of Nigeria, Aminu Gwadabe, has thrown his weight behind the Central Bank of Nigeria’s new policy on diaspora remittances. Recall that the apex bank mandated International Money Transfer Operators to route transactions through designated Naira settlement accounts. CBN also directed IMTOs to access Bloomberg BMatch [] What CBN’s new policy on diaspora remittances means for naira to dollar exchange — Gwadabe