CBN Aims for $1 Billion Monthly Remittances Amidst Reforms

The Central Bank of Nigeria (CBN) governor announced that diaspora remittances have reached $600 million monthly, with ongoing reforms targeting an increase to $1 billion in the near term.

20 Feb, 09:18 — 20 Feb, 09:18

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CBN eyes $1 billion remittances as monthly inflows hit $600m

The CBN governor says diaspora remittances now average $600 million monthly, with reforms aimed at raising inflows to $1 billion in the near term. The post CBN eyes $1 billion remittances as monthly inflows hit $600m appeared first on Premium Times Nigeria.

By Aaron Cole

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CBN Aims for $1 Billion Monthly Remittances Amidst Reforms

Read at source (1 outlet)

CBN eyes $1 billion remittances as monthly inflows hit $600m

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