CBN offers banks $20m weekly allocation for invisibles

CBN offers banks $20m weekly allocation for invisibles

  Each of Nigeria’s twenty banks will receive an allocation of one million dollars weekly from Monday for sale to their customers to cover medicals, school fees, personal and business travel, BusinessDay has authoritatively learnt. The relief was agreed at Friday’s bankers committee meeting. The allocation will also cover some other invisibles and should get to…

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