Tag: Remittances

The naira has climbed to its strongest level in two years, with the official exchange rate reaching ₦1,326.69 per dollar ...

The International Monetary Fund (IMF) has revealed that more Nigerians are turning to U.S. dollar-backed stablecoins and digital payment platforms ...

The Federal Government may in future pay salaries, pensions and some social welfare benefits through the eNaira as part of ...

Nigeria’s foreign exchange reserves recorded a significant increase in the first week of June, surpassing the $50 billion mark and ...

African regtech company Smartcomply Group has expanded into the UK market as it seeks to address long-standing compliance bottlenecks that ...

Africa is becoming one of the fastest-growing economic regions in the world, according to the President of the African Development ...

Nigeria's active advocacy for slavery reparations from European powers has reportedly placed it at risk of potential visa restrictions from ...

The President of the Nigerians in Diaspora Chamber of Commerce, Ms Patience Ofure-Key, has urged the Federal Government to prioritise ...

The Central Bank of Nigeria has introduced stricter guidelines governing international money transfers, requiring remittance service providers to channel all ...

In a significant push for financial modernization, the Africa Stablecoin Network (ASN) has formally endorsed the call by Central Bank ...