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CBN reforms boost diaspora remittances by $172m in a month

CBN reforms boost diaspora remittances by $172m in a month

The Central Bank of Nigeria has reported a $172m increase in direct remittances in one month. The latest CBN data analysed by PUNCH Online showed that the remittances totalled $138.56m in January, $39.14m in February, $104.90m in March, $193.31m in April, and $365.44 m in May 2024. The data indicates a surge of 90 per


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