Monday, July 6, 2026

Remittances to Bangladesh surge

Bangladeshis living and working abroad remitted back more than $4 billion in the July-August period, central bank data showed.

• September 3, 2024
Remittance
Remittance

Bangladeshis living and working abroad remitted back more than $4 billion in the July-August period, central bank data showed.

According to the data, remittance, one of the key sources of foreign exchange for the impoverished nation, surged 39 per cent year-on-year to $2.22 billion in August.

Remittance was $1.91 billion in July.

Remittances mainly come from Middle East countries, such as the United Arab Emirates, Saudi Arabia, and Kuwait.

(Xinhua/NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

NationWide

Federal workers demand arrears, ₦300,000 minimum wage

The group said the current pay could no longer sustain workers amid prevailing economic realities.

Flood

Lagos

Tinubu orders works ministry, National Assembly, other stakeholders to meet over Lagos flooding crisis

Mr Tinubu directed the Federal Ministry of Works to convene a meeting with relevant stakeholders to develop lasting solutions to the recurrent flooding in Lagos.

States

Three suspected cultists arrested in Akwa Ibom

The police command in Akwa Ibom arrested three suspected members of the Vikings confraternity following a raid on a residential building.

States

Troops arrest 12 suspected Boko Haram collaborators in Borno

The military described the operation as a breakthrough in ongoing efforts to dismantle terrorist support structures.

Police

States

Police intercept 81 vehicles over plate number violations in Kano

The CP said the command had observed an alarming increase in the number of vehicles plying the roads across the state with covered number plates.

NationWide

Land Use Act: Governors should emulate Uba Sani, says HURIWA

The group commended the recent compensation to households affected by the 15-kilometre ring road project.