NIGERIA DIASPORA REMITTANCES REACHES US$24bn

NIGERIA DIASPORA REMITTANCES REACHES US$24bn

Remittances from Nigerian Diasporas hits US$24 billion in 2018 Remittances from diasporas of Africa’s most populated country – Nigeria in 2018 reached US$24.3 billion. This is the highest figure across Sub-Saharan Africa and it is also US$2 billion higher than the inflows in 2017. World Bank’s latest Migration and Development Brief shows that; last year (2018) immigrants sent US$46 billion to their home countries in sub-Saharan Africa. This is in fact a 10 percent increase when comparing…

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