Breaking!! Diaspora Remittances can now be received in dollars in Nigeria

The CBN in a bid to curb the runaway Naira devaluation,  has issued a new regulation that allows diaspora remittances sent by Nigerians in diaspora to be received in dollars by the end-user. The thinking is to flood the market with dollars which might reduce the black market rates. This announcement was captured in an interview by Dr Ozomena Nnaji who represented the CBN in an interview on Arise TV