Nigerians In Diaspora Spent $2.94bn To Send $34.8bn – Report   Nigerians in Diaspora spent $2.94bn to send $34.8bn to Nigerian between 2020 and 2021, World Bank reports have revealed. The reports showed that cost of sending remittance costs into Nigeria hit at least N1.22tn ($2.94bn) in...

Nigerians In Diaspora Remit $65.34bn In Three Years       The Nigerian Diaspora population remitted $65.34bn in three years to boost economic activities in the country, data obtained from the World Bank have shown. According to the World Bank data, in 2018, the Nigerian Diaspora remittance was $24.31bn;...

PIB Faces Another Hurdle As Senate Recieves Fresh Petition       Nigerians in diaspora, under the aegis of Isoko Association of North America, have petitioned the Senate President, Ahmed Lawan, over the Petroleum Industry Bill, alleging that the document would worsen the already-cold relationship between oil companies...

Diaspora Cash Remittances Drop By 27% To $17.2bn       In apparent reflection of the severe impact of the COVID-19 pandemic on the incomes of Nigerians living abroad, diaspora remittances inflow into the country fell 27 per cent, year-on-year, (YoY) to $17.2 billion in 2020 from $23.55...

5.7% Of Nigerian Households Receive Remittances From Abroad — NBS   The Nigeria Bureau of Statistics (NBS) yesterday, said that six out of 100 households in Nigeria receive remittances from abroad. Nigeria received $17.57 billion in direct Diaspora remittances in 2019, up by 56.4 percent from $11.23...

The Federal Government will soon float a Diaspora bond to tap into the resources of Nigerians living abroad as one of the measures to overcome recession, the Senior Special Assistant to the President on Diaspora and Foreign Affairs, Mrs. Abike Dabiri-Erewa, has said. Dabiri-Erewa said...