What Sending $500 Home Means
For Nigerians receiving money from relatives abroad, sending $500 home now works differently from before. Since May 1, 2026, the ...
Tag: IMTO
Three Months On, CBN’s Remittance Rules Tighten Oversight of Diaspora Flows
Three months after the Central Bank of Nigeria’s new remittance settlement rules took effect, the reform is tightening regulatory oversight ...
Diaspora Dollars Shrink as IMTO Inflows Drop $193 Million in Q1 2025
Nigeria’s much-needed inflow of diaspora remittances through International Money Transfer Operators (IMTOs) fell sharply by $193.14 million in the first ...
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