Tag: diaspora remittances

CBN’s naira settlement policy set to transform how Nigerians receive diaspora funds

Business Damilola Bayonle -
Naira settlement policy reshapes Nigeria remittance landscape Nigeria’s diaspora inflows are entering a new phase as the Central Bank of...

Stable Pound to Naira exchange rate Today: Powerful insights amid festive season surge

Business Damilola Bayonle -
The Pound to Naira exchange rate today remained relatively stable on Friday, November 28, 2025, as the Nigerian foreign...

Cardoso unveils top banks to power $1bn diaspora reserves goal

Business Damilola Bayonle -
The Central Bank of Nigeria (CBN) has intensified efforts to boost foreign reserves through diaspora inflows, as Governor Olayemi...

IMF Endorses Economic Reforms, Urges Comprehensive Budget Overhaul

Business Damilola Bayonle -
The International Monetary Fund (IMF) has commended Nigeria’s recent wave of bold economic reforms—particularly those spearheaded by the Central...

Economic Reforms Strategize to Bridge Forex Gap as Oil Revenues Decline

Business Damilola Bayonle -
Amid dwindling oil revenues and persistent external reserve pressures, Nigeria's Central Bank (CBN) has rolled out a series of...