CBN introduces non-resident accounts for Nigerians in diaspora

The Central Bank of Nigeria (CBN) has announced the introduction of the Non-Resident Nigerian Ordinary Account (NRNOA) and Non-Resident Nigerian Investment Account (NRNIA), which it said, are targeted at Nigerians in the diaspora. In a circular posted on its website yesterday, the apex bank explained that while the (NRNOA) allows Non Resident Nigerians (NRNs) to…