The apex bank said this in a statement on Tuesday.
Browsing: Personal Travel Allowance
The Bank’s spokesman, Isaac Okorafor, confirmed the releases, disclosing that the new window for SMEs would no doubt boost the business of SMEs through the importation of eligible finished and semi-finished items, thereby boosting FOREX supply to the retail business segment of the market
In the weeks ahead, the CBN said it will sustain its intervention through the sale of foreign exchange to all segments of the market
Among the invisibles for which the Dollar is to be sold at the Bank include school fees, Basic Travel Allowance, Personal Travel Allowance and medicals