CBN: Remittance inflow peaks at $553m for July 2024

The Central Bank of Nigeria (CBN) has reported a $553 million remittance inflow for July 2024, reflecting a 130% increase from the same period in 2023, largely attributed to International Money Transfer Operators (IMTOs). International Money Transfer Operators (IMTOs) are licensed by the Central Bank of Nigeria (CBN) to manage the transfer of funds from […]

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