CBN targets $1 billion monthly diaspora remittances by year-end as reserves climb

1 week ago

The Central Bank of Nigeria (CBN) is targeting $1 billion in monthly diaspora remittances by the end of 2026, representing a nearly 67% increase from the current level of over $600 million per month.

The post CBN targets $1 billion monthly diaspora remittances by year-end as reserves climb appeared first on Nairametrics.

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