Tag: remittances
Central Bank of Nigeria sets new rules to enhance local currency...
...These measures are aimed at widening access to local currency liquidity for the timely settlement of Diaspora remittances
TUE JUNE 25 2024-theGBJournal| The Central Bank...
Big Picture| Central Bank of Nigeria is ramping up foreign debt...
MON MAY 13 2024-theGBJournal|Based on data released by the Central Bank of Nigeria (CBN), international payments made by the apex rose by 22.7% q/q...
Coronation Group, Access Holdings Plc, Safaricom and M-PESA sign pact aimed...
...The initial phase of the collaboration will concentrate on pivotal markets, including Nigeria, Kenya, Ghana, and Tanzania.
MON, MAR 25 2024-theGBJournal| A transformative collaboration aimed...
Remittance flows to LMICs continue to grow in 2023 albeit at...
...Flows to the Middle East and North Africa fell for the second year, declining by 5.3% mainly due to a sharp drop in flows...
Interswitch Group, Credit Bank of Kenya and IFAD partner to deepen...
MON, MAY. 01 2023-theGBJournal|As part of sustained efforts to create solutions that enable individuals and communities prosper across the continent, Interswitch Group, Africa’s leading...
Remittance data shows COVID-19 sparked increase in money sent globally
…Spending on education and medical expenses increase as pandemic continues at global scale
…68% of respondents send money at least monthly
… Nearly 50% of respondents...
Remittance to Africa projected to decrease by 5.4 percent in 2021
…According to the report, the costs associated with sending remittances to Africa are some of the highest in the world
MON 13 SEPT, 2021-theGBJournal- Remittances...
Except for Nigeria, new data shows remittances actually grew 9% Y-o-Y...
By Charles Ike-Okoh
THUR, 12 NOV, 2020-theGBJournal- The latest EFG HERMES note shows that remittances displayed very similar trends across the board in data for...
World Bank predicts 23.1 percent remittances decline to Sub-Saharan Africa, 20...
THUR, APRIL 23 2020-theG&BJournal- Due to the COVID-19 crisis, remittance flows to the region are expected to decline by 23.1 percent to reach $37...