Nigeria received $1.57bn in diaspora remittances through International Money Transfer Operators in the second quarter of 2026, the highest quarterly inflow recorded in the available data from 2019 to 2026.
The amount rose by about 33 per cent from $1.18bn recorded in the corresponding period of 2025, according to the Central Bank of Nigeria’s Q2 2026 Statistical Bulletin.
The latest figures show that stronger inflows in May and June more than offset a decline in April, pushing quarterly receipts above the previous high of approximately $1.47bn recorded in the third quarter of 2024.
Monthly data show that Nigeria received $513.81m in April 2026, down from $597.44m in the same month of 2025.
Inflows recovered in May, rising to $472.13m from $288.17m a year earlier, while June receipts climbed to $580.16m, compared with $292.25m in June 2025.
June recorded the highest monthly inflow during the quarter, while May and June together
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