WORLD BANK REPORT SHOWS DIASPORA REMITTANCE TO NIGERIA AT $19.5 BILLION IN 2023

A recent World Bank report shows that diaspora remittance to Nigeria is $19.5 billion in 2023, constituting 35 per cent of such fund transfers to sub-Saharan Africa, with decline of 2.9 per cent year-on-year. In the “Migration and Development Brief” the World Bank Group projected that global remittances are expected to grow by 2.3 per […]

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