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MAN, LCCI, experts speak on CBN s Naira for Dollar policy
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According to a circular dated March 5, 2021 and directed to all Deposit Money Banks (DMBs), International Money Transfer Operators (IMTOs) and members of the public, the apex bank said the new scheme was an effort to sustain the encouraging increase in inflows of Diaspora remittances into Nigeria.
The circular, issued by the Trade and Exchange Department of the CBN, stated that the scheme was an incentive for senders and recipients of international money transfers.
Accordingly, all recipients of Diaspora remittances through the CBN licenced IMOs, shall henceforth be paid N5 for every $1 received as remittance inflow.
“In light of this, the CBN shall, through commercial banks, pay to remittance recipients the incentive of N5 for every $1US remitted by the sender and collected by a designated beneficiary.
after a long day of hard work. .you have to do more work? (vo) automatically sort your expenses and save over 40 hours a month. (danny) every day you re nearly fried to a crisp, professionally! (vo) you earned it, we re here to make sure you get it. quickbooks. backing you. a fox n shannon: fox news alert the ew justice department charging eight people with conspiring to conceal the source of $3 million in 2016 campaign donations to hillary clinton. one is a convicted sex offender. richardson has the story. reporter: the justice department says a multimillion dollar scheme to violate time pan finance laws to capture political influence.
taking rudy giuliani s cues on ukraine. now, isn t it also true that some of president trump s most senienior advisers informed him this theory of ukraine int interference was false? that s correct. is it your understanding that president trump disregarded the advice of his senior officials about this theory and listened to rudy giuliani s views? that appears to be the case. rudy giuliani admitting he s talk to you kran yans about the whole thing that launched this problem. you have direct evidence about rudy. about the bribery, collusion. you gave. massive pay for play multi-million dollar scheme and it is an absolutely travesty of justice. you give me their names and i will go and bring the story.
point, they re sticking to what the president said a couple of days ago that he doesn t recall having this conversation. of course, that is the danger when the president says i don t recall. i don t know. we listed a slew of situations where he s said this sort of thing and contradicted by the facts later on. we ve caught them red handed from time to time. this is the danger the white house is getting into, anderson, as we start to get into the next week of public hearings, you ll have people testifying presumably gordon sondland being one of them. alexander vinman being another to firsthand knowledge of this dirt for dollar scheme apparently going on with the administration that the president was apparently leading, if you can believe what this aide said this evening about what he overheard in the phone call with the ukraine ambassador. now back with the political and legal team. ellie, let me ask you about on the legal front what stands out to you. i see a couple of potential cri
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