Bitcoin to naira demand rises as Nigerian freelancers seek faster crypto payouts
“The demand for bitcoin to naira conversion is no longer driven mainly by trading activity. More users now rely on ...
Tag: Remittances
![The Central Bank of Nigeria, CBN. [PHOTO CREDIT: Ehud Kaduna]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/01/20200913_161409-scaled-e1652250793565.jpg?fit=2387%2C1702&ssl=1)
CBN eyes $1 billion remittances as monthly inflows hit $600m
The CBN governor says diaspora remittances now average $600 million monthly, with reforms aimed at raising inflows to $1 billion ...
CBN seeks safer digital cross-border payment systems
CBN says digital cross-border payments can unlock growth and inclusion but must be carefully regulated to avoid financial instability and ...
UBA consolidates resilient performance, pan-African footprint ahead of capital raise
“The Group’s shareholder’s funds crossed N2 trillion from N922 billion in 2022, whilst total assets crossed the N20 trillion mark,” ...
Why the CBN’s Latest Initiative Is A Mark Of Undistilled Genius, By Uddin Ifeanyi
CBN’s promo initiative touched on yields on money market... couldn't the apex bank have achieved more were domestic interest rates ...
Nigerian migrant workers contribute $18.956 billion remittances in 2016
Global migrant workers sent back to their home countries $445 billion in 2016.
Diaspora remittances to Nigeria, other developing countries decline in 2 years – World Bank
Remittance to Nigeria, according to the report, went down by 10 per cent in 2016.
