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...
Nigerians in Diaspora Remits $25b in 2018 Nigerians abroad continue to support the economy with their remittance back home. The Federal Government said a total of...
Nigerians Abroad Remits $277bn Home in 14 Years Over the years, Nigerians in the diaspora have helped stimulate economic productivity through substantial remittance back home. The...