CBN Reforms Drive 39% Surge in Remittance Inflows Through IMTOs in Q1 2024

Genesis EssienJuly 23, 20244151 views

The Central Bank of Nigeria (CBN) has reported a significant boost in remittance inflows channeled through International Money Transfer Operators (IMTOs) for the first quarter (Q1) of 2024. This positive…

CBN Unveils New Measures to Boost Naira Liquidity and Attract Diaspora Remittances

Genesis EssienJune 25, 20240146 views

The Central Bank of Nigeria (CBN) is taking a proactive step to address naira liquidity challenges and attract more diaspora remittances through formal channels. In a recent circular, the bank…

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IMTOs

CBN Reforms Drive 39% Surge in Remittance Inflows Through IMTOs in Q1 2024

CBN Unveils New Measures to Boost Naira Liquidity and Attract Diaspora Remittances