Post by Proshare (@Proshare)

Nigeria's diaspora sent home $20.93bn in 2024, 4x its FDI. Yet half of it was invisible to the CBN.

A new directive now requires all money transfer operators to route remittances through regulated bank accounts with real-time pricing benchmarks, effective May 1, 2026.

The paper trail has finally begun. But will Nigeria do more with it?

https://proshare.co/articles/a-paper-trail-for-nigerias-most-reliable-financier-oped?menu=Economy&classification=Read&category=Nigeria

Nigeria's diaspora sent home $20.93bn in 2024, 4x its FDI. Yet half of it was invisible to the CBN....

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