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$947m July remittances highest monthly inflow – CBN

July’s highest monthly remittance inflow is $947 million: CBN

The Central Bank of Nigeria (CBN) says the country recorded remittance inflows of $947 million through International Money Transfer Operators (IMTOs) in July. CBN Governor, Olayemi Cardoso, stated this in a statement from the Department of Corporate Communications on Sunday in Abuja. According to Cardoso, July’s remittances represent the highest monthly inflow ever recorded through formal channels and are close …

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