Tags : Disapora remittance

Nigeria’s Diaspora Remittances Rise By 20.3% 

Data from the Central Bank of Nigeria has shown that Nigeria’s diaspora remittances rose in the first quarter of the year, Q1’22, by 20.3 percent, Year-on-Year. This is an increase to $5.16 billion from $4.29 billion in the same period of last year, Q1’21. CBN’s data shows that remittances from Nigerians working abroad have been […]Read More

Diaspora Remittances Drop In 10 Months

Data from the Central Bank of Nigeria has shown that money sent home by Nigerians living abroad dropped by 62 percent. The drop in diaspora remittances, according to CBN website, showed that the total direct remittances stood at $1.96 billion in the first 10 months of 2021 compared to the $5.21 billion the country recorded […]Read More

Nigeria’s diaspora Remittances Rise To $14.2bn

Nigeria’s diaspora remittances inflow  rose to $14.2 billion in the nine months ending September 2021. This is up 10 per cent Year-on-Year, YoY, from $12.9 billion in the corresponding period of 2020, despite the impact of COVID economy. This is contained in a data from the Central Bank of Nigeria, CBN, which also shows that […]Read More