Nigeria has recorded a sharp increase in diaspora remittances with inflows rising to an average of $600 million monthly over the past two months, according to...
The Federal Government has expressed optimism that diaspora remittances will rise to $1 billion monthly by 2026, following a surge in inflows recorded in recent months....
Nigeria recorded $20.93 billion in personal remittance inflows in 2024, according to new data released by the Central Bank of Nigeria (CBN). The figure represents a...
Investors King has gathered that the Chairman of the Nigerians in Diaspora Commission (NIDCOM), Dr. Abike Dabiri-Erewa, has revealed that remittances from Nigerians living abroad have...
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said Africa’s largest economy Nigeria will attract $1 billion in diaspora remittances in 2025....
The Central Bank of Nigeria (CBN) has announced that remittance inflows in July 2024 surged to a record $553 million. This represents a 130% increase compared...
Foreign exchange inflows into Nigeria surged by 38.86% to $1.07 billion in the first quarter of 2024, according to the Central Bank of Nigeria’s (CBN) latest...
The Central Bank of Nigeria (CBN) has announced plans to double diaspora remittance flows to $39 billion by 2025. CBN Governor Olayemi Cardoso unveiled this plan...
Nigeria’s diaspora remittances rose to $19.5 billion in 2023, according to the latest Migration and Development Brief from the World Bank. Despite falling slightly short of...
The Central Bank of Nigeria (CBN) has issued a new directive requiring all Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOs) to pay diaspora...