Nigeria’s diaspora remittances jump 61% in one year

Cardoso flags Middle East war as risk to inflation, rate cut

Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN)

The Central Bank of Nigeria (CBN) has reported that diaspora remittances through International Money Transfer Operators (IMTOs) totalled $4.22 billion from January to October 2024, almost doubling the $2.62 billion recorded in the corresponding period in 2023. Olayemi Cardoso, governor of the ape

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```