Tougher immigration policies threaten CBN’s $1bn monthly diaspora inflow target

By Chinwendu Obienyi With many countries recalibrating their immigration and international fund remittance frameworks to cement their protectionist posturing, the Central Bank of Nigeria’s (CBN) push to secure $1 billion in monthly diaspora remittances now faces fresh headwinds. Offshore inflows, seen as a cornerstone of the apex bank’s foreign exchange strategy, are now in the [...]The post Tougher immigration policies threaten CBN’s $1bn monthly diaspora inflow target appeared first on The Sun Nigeria.

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