Nigeria: Diaspora's $25bn Remittance in 2018 Equals 83% of National Budget - Govt - AllAfrica.com
26/07/2019 Link to sourceNigeria: Diaspora's $25bn Remittance in 2018 Equals 83% of National Budget - Govt The Federal Government has lauded Nigerians living in the diaspora for the $25 billion it sent to the country in 2018, saying it represents 83 percent of the ...
Context
Nigeria The Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. | |
Nigeria Digital Money Snapshot 2014 The Nigeria Digital Money Snapshot 2013 provides a description of the markets, ecosystem and initiatives that offers a 360-degree view of opportunities, risks and competitions for local providers as well as global businesses. | |
Remittance This relates to movement of money because of the need to send money back home. A remittance is a transfer of money typically by a foreign worker back to their home country. | |
Digital Money in Nigeria 2014 Nigeria has been striving to increase financial inclusion since 2009. More recently, further regulatory interventions took place in 2012. The CBN pledged to reduce financially excluded adults to 20% by 2020. Learn how this is progressing. |