The Central Bank of Nigeria (CBN) recently launched a scheme named Naira4dollar.
Brand Spur Nigeria understands that the Naira4dollar Scheme was created with the aim to attract Nigerians in the diaspora to invest and send funds.
Here are 3 things you need to know about the scheme:
– The purpose of the scheme is to attract Nigerians in the diaspora to invest and send funds but the real beneficiaries are those who would redraw the money. Therefore the beneficiaries are most likely close associates, family, and friends of those who send the money.
– This initiative from the Central Bank of Nigeria would encourage Nigerians to receive money in Dollars, thereby boosting the economy of Nigeria. To accomplish this, Central bank of Nigeria will pay ₦5 for every $1 you receive from overseas. If you are paid by foreign employees in Nigeria or Multinationals in dollars or you work and provide services for companies outside Nigeria you can now receive your dollars with interest.
– The Scheme runs from March 8, 2021 to May 8, 2021, so you have to make use of this opportunity as soon as you can.
Kindly note that the incentive works whether you transfer the money to your domiciliary account or get in cash from the bank.
Making use of this opportunity is a way to boost your money and it is one opportunity that you should be prepared to exploit.