CBN Targets Increased Diaspora Remittances into Nigeria
Central Bank of Nigeria (CBN) Governor, Dr. Olayemi Cardoso has pledged to look into the high charges on remittances inflow to Nigeria for a robust economy.
The CBN Governor gave the assurance during a strategic meeting, led by the Chairman/CEO and Management of Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, to the CBN headquarters in Abuja.
Cardoso expressed concerns over the staccato status of remittances and assured that investigations would be carried out and necessary actions taken to ensure Nigeria remains the highest receiver of remittances in Sub-Saharan Africa after Egypt.
World Bank statistics in 2022 showed diaspora remittances to Nigeria standing at over $22billion dollars.
CBN Targets Increased Diaspora Remittances into Nigeria
Central Bank of Nigeria (CBN) Governor, Dr. Olayemi Cardoso has pledged to look into the high charges on remittances inflow to Nigeria for a robust economy.
The CBN Governor gave the assurance during a strategic meeting, led by the Chairman/CEO and Management of Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, to the CBN headquarters in Abuja.
Cardoso expressed concerns over the staccato status of remittances and assured that investigations would be carried out and necessary actions taken to ensure Nigeria remains the highest receiver of remittances in Sub-Saharan Africa after Egypt.
World Bank statistics in 2022 showed diaspora remittances to Nigeria standing at over $22billion dollars.
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