CBN Approves eNaira as Payment Option for Diaspora Remittance

The Central Bank of Nigeria (CBN) has announced the introduction of its digital currency known as the eNaira as a payment option to recipients of diaspora remittance. The apex bank said the move was in furtherance of efforts to liberalise the payout of diaspora remittance. The new policy was contained in the bank’s circular titled: […]