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The CBN Policy on Dollars

The CBN Press Release - Tekedia

The Central Bank of Nigeria (CBN) policy is picking steam: "The CBN Governor, Godwin Emefiele, recently said that weekly diaspora remittances rose from $5m to $30m. He noted that the initiatives introduced by the CBN to boost foreign exchange in the country were yielding results." Yet, the numbers are way off the peak. At that rate, you get less than $2 billion in a year; remittance had hit $24 billion a year in the past. So, we need to get it going to at least $100 million per wee