Currency volatility now below 0.5% as FX market stabilises – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced that volatility in the foreign exchange ...
Tag: Diaspora Remittance
CBN looking to double diaspora remittance inflows in 2024 – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has stated that the bank aims to double ...
Nigeria attracts $10.1 billion diaspora remittance in six months 2022
Nigeria’s remittance inflow rose to its highest level since the second half of 2019, as the CBN Naira4dollar policy continues ...
Nigeria attracts $9.22 billion diaspora remittance in H1 2021, increases by 16%
Diaspora remittances into Nigeria increased by 15.6% QoQ to $9.22 billion in H1 2021 compared to $7.98 billion recorded in ...
eNaira would boost diaspora remittance flows – CBN
The Central Bank of Nigeria (CBN) has stated that the eNaira would ultimately boost remittance inflow to the country. The ...
Diaspora Remittances into Nigeria fall by 24% in Q1 2021
Nigeria attracted $4.2 billion in foreign remittances in the first quarter of 2021 as the country continues to grapple with ...
Nigeria’s external reserve falls to lowest in 10 months
Nigeria's foreign reserve of $34.74 billion is the lowest in 10 months.
CBN latest policy on diaspora remittance kicks off tomorrow
CBN's latest policy on receipt and administration of diaspora remittances into Nigeria is set to kick off tomorrow.
Nigeria records lowest remittances from abroad since 2008
Nigeria recorded the lowest remittances from abroad since 2008 as Covid-19 affected the income of Nigerians living abroad
World Bank says remittances to Nigeria, other LMICs will drop by 20% in 2020
World Bank has projected that the remittances to Nigeria, Egypt, Senegal and other Low and Middle-income Countries (LMICs) would drop ...
