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CBN 'naira-4-dollar' policy may increase foreign remittance to $34bn – Punch Newspapers

CBN ‘naira-4-dollar’ policy may increase foreign remittance to $34bn Tope Omogbolagun The Central Bank of Nigeria’s ‘Naira-for-Dollar’ policy may increase the country’s foreign remittances to $34.89bn by 2023. Forecast by PricewaterhouseCoopers, one of the big four accounting firms, had suggested that Nigeria’s remittance flows could reach $34.89bn by 2023 if the policies were right. PwC in the forecast noted that the growth in remittances is subject to global economic forces, whi...
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