Nigeria Breaking News

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CBN expresses commitment to FX Code

CBN Introduces Non-Resident Nigerian Accounts for Diaspora Investments

The Central Bank of Nigeria (CBN) has launched two new account options—the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA)—to provide Nigerians in the diaspora with more opportunities to engage in the Nigerian economy. Contents Benefits for DiasporansEligibility and Implementation The initiative, announced on Friday via a circular signed by W.J. Kanya, Acting Director of the CBN …