African Development Bank (AfDB) President, Akinwumi Adeshina has extolled the tenacity and impacts of Africans in Diaspora on cross-border remittance. According to the AfDB President, Africans...
Remittance to Sub-Sahara Africa rose to $53 billion in this year
If investment-friendly mechanisms and safety policies are put in place on the Nigeria Exchange Limited, it could attract diaspora remittance
Remittances to African countries are expected to decrease by 5.4 percent from $44 billion in 2020 to a projected total of $41 billion in 2021, due...
The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala has said the contributions of Nigerians at home and abroad could positively impact the nation’s economy...
The Federal Government said that the COVID-19 pandemic has wiped off 20 percent of the $25bn annual diaspora remittances to Nigeria. The government noted that various...
The pan-African credit rating agency, Agusto & Co has projected that Nigeria’s diaspora remittances will reach $22 billion by 2021, representing a year-on-year (y-o-y) rise of...
Nigeria’s diaspora remittances declined by 27.7 percent or $4.65 billion from $21.45 billion in 2019 to $16.8 billion in 2020, according to the World Bank Migration...
The new “Naira 4 Dollar” initiative was introduced because of the failure of the diaspora remittance policy announced in November 2020, when the apex bank adjusted...
CBN to Pay Receivers of Diaspora Remittances N5 for Every $1 Received In a desperate move to encourage diaspora remittances, the Central Bank of Nigeria (CBN)...