The Central Bank of Nigeria (CBN) has taken a significant step in advancing its efforts to liberalize the payout of diaspora remittance with eNaira.  In a circular titled “Operational Framework for eNaira Payment Option to Recipients of Diaspora Remittances,” dated June 15, 2023, the CBN announced the introduction of its digital currency, the eNaira, as … Continue reading CBN emphasizes eNaira as digital payment option for Diasporas remittances