By Adedapo Adesanya Nigeria emerged as a prominent beneficiary of diaspora remittances in Sub-Saharan Africa, accounting for over 35 per cent of total inflows in 2023,...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has launched new measures to enhance local currency quick and easy liquidity for the settlement of diaspora...
By Adedapo Adesanya Nigeria accounted for 38 per cent of the $54 billion remittance flows to the Sub-Saharan Africa (SSA) region, taking up $20.52 billion in...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has lamented that diaspora remittances entering the country do not enter the official market but instead find...
By Adedapo Adesanya A credit rating agency, Agusto & Co, has forecast a surge in remittance inflows into Nigeria in the medium term as the payments...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the introduction of its digital currency, known as the eNaira, as a payment option to...
By Dipo Olowookere Deposit Money Banks (DMBs) in the country have been ordered to close all Naira accounts operated by International Money Transfer Operators (IMTOs). This...
By Dipo Olowookere There is no reason to fear about getting international remittances in foreign currencies almost anywhere in Nigeria, the management of Access Bank Plc...
By Dipo Olowookere In order to bridge the wide exchange rate between the legalised foreign exchange (forex) markets and the parallel market, the Central Bank of...
By Modupe Gbadeyanka If Nigeria is to attract high inflow and volume of diaspora remittances which can be compared with such countries like India, Israel, Indonesia...
