$947m July remittances highest monthly inflow — CBN

The Punch | 30-08-2026 06:49pm |

The Central Bank of Nigeria reported that remittance inflows through International Money Transfer Operators reached $947 million in July, the highest monthly figure ever recorded. CBN Governor Olayemi Cardoso announced this in a statement, highlighting the significant increase in diaspora remittances, which are crucial for the economy.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.