WATCH THE VIDEO HERE The Central Bank of Nigeria has reported a 63.7 per cent increase in international money transfer operator inflows during the first nine months of 2024. According to the latest quarterly statistical bulletin released by the apex bank, inflows rose from $2.33bn recorded during the same period in 2023 to $3.82bn in 2024. The significant growth has been attributed to a series of reforms introduced under the leadership of Governor Olayemi Cardoso, who assumed office in September 2023. A year-on-year analysis of the data revealed consistent increases in monthly remittance inflows throughout the year.
IMTO inflows rise 63.7% in nine months – CBN
