Diaspora Remittances and Cardoso’s New Tricks, by Rahma Olamide Oladosu   Diaspora remittances have long been a crucial pillar of Nigeria’s economy, providing vital foreign exchange (forex) liquidity and contributing to financial stability. These inflows from Nigerians living abroad serve as a buffer against external shocks,...

eNaira: Easing Nigeria’s Brain Gain with Diaspora Remittances, by Abdulrahman Abdulraheem   Nigeria, the Giant of Africa and the most populous black nation on Earth has over the decades regarded agriculture, and later oil and gas, as the mainstay of her economy. The country’s successive economic planners...

Nigeria’s Diaspora Remittances Rise To $5.16bn In Q1, 2022 - CBN   Nigeria’s diaspora remittances continued its upward trend in the first quarter of the year, Q1’22, rising by 20.3 per cent, Year-on-Year, YoY, to $5.16 billion from $4.29 billion in the same period of last...

$23bn Diaspora Remittances Raise Income Line For Households       In recent time, there have been moves to increase the volume and value of dollars remitted into the economy by Nigerians living abroad. More dollar inflows have significantly improved income of many beneficiaries who rely on their families...

Despite COVID-19, Africa Records $80bn Diaspora Remittances       Diaspora remittances to Africa as a whole have increased to over $80 billion despite the COVID-19 impact on economies worldwide, and against the backdrop of a fall in remittances worldwide. However, remittances to Nigeria dropped by 27.7 percent in...

Nigeria’s Diaspora Remittances To Hit $22bn         Nigeria’s diaspora remittances have been projected to rise by five per cent to $22bn by the end of 2021. Agusto Consulting Limited, a wholly owned subsidiary of a rating agency, Agusto & Co. Limited, disclosed this in its report titled...