JUST IN: CBN Records 130% Increase In Remittance Inflows For July

Sanctions Imminent As CBN Uncovers FX Forward Contract Irregularities
Sanctions Imminent As CBN Uncovers FX Forward Contract Irregularities
Central Bank of Nigeria (CBN) has announced that remittance inflows reached $553 million in July, representing a significant 130% increase compared to the same period in 2023.

Gatekeepers News reports that this information was disclosed in a statement issued on Tuesday by Hakama Sidi Ali, the CBN’s acting director of corporate communications.

This is a developing story…