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flag Nigeria introduces new bank accounts to simplify remittances and investments from non-resident citizens.

flag The Central Bank of Nigeria (CBN) has introduced two new accounts, NRNOA and NRNIA, for Nigerians living abroad. flag These accounts aim to simplify remittances and investments, allowing non-resident Nigerians to manage funds in both foreign and local currencies. flag The initiative, effective January 1, 2025, seeks to enhance the diaspora's participation in Nigeria's economic development.

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