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Central Bank of Nigeria sets new rules to enhance local currency...

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...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...

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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...

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...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...

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...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...

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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

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…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

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…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...

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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...

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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...