GLOBEALERT
BUSINESSLOW2d ago · Aug 30, 2026, 3:29 PM

Nigeria records $947m remittances in July, nears $1bn monthly target

Vanguard Nigeria · sub saharan africa

By Babajide Komolafe LAGOS — Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ever recorded through formal channels, according to the Central Bank of Nigeria (CBN). The figure brings the apex bank closer to its $1 billion monthly remittance target set by Governor […] The post Nigeria records $947m remittances in July, nears $1bn monthly target appeared first on Vanguard News.

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