The Central Bank of Nigeria (CBN) has announced that beneficiaries of diaspora remittances through the international monetary transfer operators (IMTO) shall now have such inflows in foreign currency (US dollar)
Tag "diaspora remittances"
The World Bank projects that Nigeria will lose $2 billion in remittances from its citizens in the diaspora. The Migration and Development Brief 33 published by the World Bank and
The COVID-19 pandemic has put Nigeria’s second-largest revenue source at risk, an analysis by SBM Intelligence has shown. Diaspora remittances from citizens living overseas have formed a major part of