Cardoso: Nigeria Nears $1bn Monthly Remittance Milestone, Inflow Rose to $947m in July

CBN Governor Olayemi Cardoso said Nigeria is approaching a $1 billion monthly remittance milestone, with inflows reaching $947 million in July. Inflows through international money transfer operators rose 50.2% to $3.8 billion during the first seven months, highlighting developments in Nigeria’s external financial flows.