Diaspora remittances to low and middle income countries fell by just 1.6% last year

DIASPORA remittances to low and middle income countries fell by 1.6% to $540bn last year from $548bn as a result of the impact of the coronavirus pandemic with Nigeria being mainly responsible for a 28% drop witnessed across Africa.   According to recent data from the World Bank, diaspora remittances fell by 27% year-on-year...