African Development Bank (AfDB) President, Akinwumi Adeshina has extolled the tenacity and impacts of Africans in Diaspora on cross-border remittance. According to the AfDB President, Africans...
Remittance to Sub-Sahara Africa rose to $53 billion in this year
According to a new report from United Nations Economic Commission for Africa (UNECA), remittances to Africa are projected to drop by 5.4 percent to $41 billion...
Remittances to African countries are expected to decrease by 5.4 percent from $44 billion in 2020 to a projected total of $41 billion in 2021, due...
COVID-19 Plunged Nigeria’s Foreign Remittance Inflows to $3.3 Billion in Q2 2020 Data from the Central Bank of Nigeria has shown that Nigeria’s remittance inflows hit...
Polaris Bank has commenced the payment of dollars to recipients of remittance inflows across all its branches. In a statement forwarded to all customers, the bank...
The Central Bank of Nigeria (CBN) has started focusing on how to better harness Nigeria’s huge diaspora remittances as seen in recent foreign exchange policy geared...
The Central Bank of Nigeria on Thursday announced that all arrangements have been perfected by both the International Money Transfer Operators (IMTOs) and the Deposit Money...
Nigerian Banks, Others to Earn $1.19bn Remittance fee in 2019 A global consulting firm, PricewaterhouseCoopers (PwC) has predicted that Nigerian banks, mobile money operators and other...
Diaspora Inflows to Hit $34.8bn in 3 Years – PwC The significance of diaspora inflows can not be overemphasised despite the lack of growth strategy to...