Diaspora remittances into Nigeria rose by $1bn in one month — CBN

The Central Bank of Nigeria (CBN) said on Friday that foreign exchange remittances by Nigerians living abroad into the country rose to $1.3 billion in one month.

The CBN’s Acting Director of Corporate Communications, Ms. Hakama Sidi Ali, disclosed this at a media briefing in Abuja.

He said the figure was $1 billion higher than the $300 million Diaspora remittances to the country in January.