The Nigerian government has announced a nine-month program allowing individuals to deposit U.S. dollars held outside the formal banking system without facing penalties or scrutiny. Finance Minister Wale Edun said his ministry will first issue guidelines for the program, followed promptly by additional guidelines from the Central Bank of Nigeria. Participating individuals will need to […]Nigeria Unveils Amnesty Program to Recover Illegally Held Dollars Amid Forex Crisis
The Nigerian government has announced a nine-month program allowing individuals to deposit U.S. dollars held outside the formal banking system without facing penalties or scrutiny. Finance Minister Wale Edun said his ministry will first issue guidelines for the program, followed promptly by additional guidelines from the Central Bank of Nigeria. Participating individuals will need to […]
