Nigeria nears $1bn monthly remittance target as July inflows hit $947m – CBN

BusinessDay | 30-08-2026 05:19pm |

The Central Bank of Nigeria reported that remittance inflows through International Money Transfer Operators reached $947 million in July 2026, the highest monthly figure on record. This brings the country closer to its target of $1 billion in monthly remittances. The increase reflects ongoing efforts to boost diaspora contributions to the economy.

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