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Posts tagged with "Remittances"

Pandemic leads to a big rise in remittances from the Nigerian diaspora according to WorldRemit African News

Pandemic leads to a big rise in remittances from the Nigerian diaspora according to WorldRemit

REMITTANCES by the Nigerian diaspora grew by a staggering 11.5% during the course of 2021 as the economic impact of the coronavirus pandemic made a lot more Nigerians dependant on their relatives living abroad.   According to a recent report by global payments company WorldRemit, remittances by the diaspora  in countries like...
Diaspora remittances fall by a staggering $2.5bn during the second quarter of 2020 African News

Diaspora remittances fall by a staggering $2.5bn during the second quarter of 2020

REMITTANCES from Nigerian diasporans fell to $3.3bn during the second quarter of this year representing their lowest level since 2008 as the Covid-19 pandemic affected the income of many Nigerians living abroad.   Historically, Nigeria has always been one of the top six nations when it comes to global remittances alongside the...
 

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