International Money Transfer Operators (IMTOs) processed a record $1.29 billion in inflows during the first quarter of 2026, marking a 45% increase compared to the $888.47 million recorded in Q1 2025. Data from the Central Bank of Nigeria reveals that January led the quarter with $506.66 million in inflows. This growth suggests rising remittance volumes through official channels, supported by recent regulatory adjustments aimed at improving FX market transparency and oversight.