The Central Bank of Nigeria (CBN) stated that diaspora remittances processed by international money transfer operators totalled $4.22 billion between January and October 2024. This sum…
Browsing: Diaspora Remittances
The CEO and DG of the Nigerians in Diaspora Commission (NiDCOM), Honourable Dr. Abike Dabiri-Erewa, has emphasised that Nigeria can achieve greater stability through strategic diaspora…
The Manufacturers Association of Nigeria (MAN) has urged the Nigerian Government to tap into diaspora remittances as part of efforts to alleviate the country’s ongoing foreign…
The World Bank reports that Nigeria received $19.5 billion in diaspora remittances in 2023. The report highlights the substantial economic contributions from Nigerians abroad while acknowledging…
On Tuesday, the Central Bank of Nigeria (CBN) instructed Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOs) to pay all diaspora remittances in Naira…