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Nigeria Remittances Near $1 Billion

Nigeria's Monthly Remittances Hit Record $947 Million, Near CBN Target

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaAug 31, 2026

Nigeria's remittance inflows through international money transfer operators reached a record $947 million in July 2026, approaching the Central Bank of Nigeria's $1 billion monthly target. The figure signals significant momentum in formal-channel fintech flows into Africa's largest economy.

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