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Remittances

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Nigeria’s Monthly Remittances Hit Record $947m, Near $1bn Target
Business

Nigeria’s Monthly Remittances Hit Record $947m, Near $1bn Target

By Benson Daniel Nigeria’s formal remittance inflows rose to a record $947 million in July 2026, marking the highest monthly inflow ever recorded...

RBI Calls for Clearer Bank Policies on Foreign Exchange Charges and Remittances
BusinessWorld

RBI Calls for Clearer Bank Policies on Foreign Exchange Charges and Remittances

India’s central bank has urged lenders to adopt clearer policies on foreign exchange charges, documentation and processing timelines after a review found gaps...

IMTO Inflows Rise 45% to Record $1.29bn in First Quarter
BusinessNigeriaWorld

IMTO Inflows Rise 45% to Record $1.29bn in First Quarter

By Benson Daniel Nigeria recorded a strong increase in foreign exchange inflows through International Money Transfer Operators in the first quarter of 2026,...

CBN Reports Record $1.29bn IMTO Inflows in Q1 2026
ActiveBusinessNigeria

CBN Reports Record $1.29bn IMTO Inflows in Q1 2026

By Benson Daniel Inflows through International Money Transfer Operators rose to a record $1.29 billion in the first quarter of 2026, representing a...