Nigeria Nears $1Bn Monthly Remittance Milestone
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said Nigeria is nearing its target of attracting $1 billion in monthly remittance inflows, after inflows through International Money Transfer Operators (IMTOs) rose to a record $947 million in July 2026. The July figure represents the highest monthly remittance inflow ever recorded through formal channels…

