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WorldRemit Supports CBN’s Extension Of Naira-4-dollar Scheme

WorldRemit Supports CBN’s Extension Of Naira-4-dollar Scheme       WorldRemit, a global cross-border payments company, has expressed support for the Central Bank of Nigeria’s decision to extend the deadline of the Naira-4-Scheme that was introduced in March this year. The CBN had on May 6 announced that it...

WorldRemit Supports CBN On New USD Bank Account Opening Process

WorldRemit Supports CBN On New USD Bank Account Opening Process       WorldRemit, a cross-border digital payments service, has expressed support for directive of the Central Bank of Nigeria’s (CBN) mandating banks in Nigeria to facilitate money transfers by opening domiciliary accounts for those who currently do...

CBN Instructs Banks To Open Dollar Accounts For Remittances

CBN Instructs Banks To Open Dollar Accounts For Remittances       The Central Bank of Nigeria (CBN) has directed banks to automatically open dollar bank accounts for their customers who do not have domiciliary in order to facilitate remittances. The development, according to a statement from WorldRemit- an...