Foreign Exchange – NEWSWATCHNIGERIA

March 6, 2021 No Responses

Why Family Support Gulp 70% of Diaspora Remittances to Nigeria

Diaspora Remittances Vice President, Prof. Yemi Osinbajo has said that about 70 per cent of remittances into Nigeria from Nigerians in the diaspora goes to family support, while only 30 per cent went into investments. Osinbanjo made the remarks at...

June 12, 2017 No Responses

CBN Injects $413.5m in Economy to Sustain Naira Value

The Central BankNigeria (CBN) on Monday intervened in the inter-bank Foreign Exchange market to the tune of 413.5 million dollars to further shore up the international value of the Naira. The CBN acting Director, Corporate Communications, Mr Isaac Okorafor, in...