Tag: remittances
Stronger trade performance, resilient remittance inflows pushes Nigeria’s balance of payment...
WED DEC 31 2025-theGBJournal| Nigeria's balance of payments turned around from a deficit position in the Q2-2025 to a surplus of $4.60 billion in the...
Fintech heavyweight Afriex collaborates with Visa to facilitate real-time cross-border payments...
SAT NOV 01 2025-theGBJournal| Global fintech platform, Afriex today announced a collaboration with Visa, a world leader in digital payments, to bring real-time cross-border...
Nigeria posts $6.83 billion balance of payments surplus in 2024, reflecting...
...Remittance inflows remained resilient, with personal remittances rising by 8.9% to $20.93 billion.
...International Money Transfer Operator (IMTO) inflows surged by 43.5% to $4.73 billion,...
U.S. President Trump effect on the Nigerian economy
...The emerging new global order is progressively leaning towards economic nationalism, deglobalization and economic fragmentation.
By Dr. Muda Yusuf
MON FEB 17 2025-theGBJournal| The inception of...
VP Shettima lauds Nigeria’s contributions to global economy, says Nigerian immigrants...
...Nigeria accounted for $21.9 billion in diaspora remittances, representing 64% of all remittances in West Africa.
MON DEC 09 2024-theGBJournal| Vice President Kashim Shettima has...
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...
