The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has revealed how the apex bank’s monetary policy reforms have enabled the growth of the country’s monthly inflow from $200 million to $600 million, targeting an inflow of $1.0 billion by the end of 2026. While reviewing the reforms of the Monetary Policy Committee (MPC) in Abuja, the governor reaffirmed that the reforms of the apex bank have now repositioned diaspora remittances among Nigeria’s most stable FX sources, often outperforming oil receipts during periods of market stress. [...]