CBN Targets $1bn Monthly Diaspora Remittances Next Year

Leadership | 10-09-2025 03:58pm |

Nigeria is edging closer to a historic milestone in foreign inflows, with the Central Bank of Nigeria (CBN) projecting that diaspora remittances will hit $1 billion monthly by 2026. The CBN Governor, Olayemi Cardoso, reaffirmed this at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja

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