Money Market

Ample Scope to Boost Remittances

Culled—Proshare April 25, 2017/ FBNQuest Research In 2016 Nigeria was the sixth largest beneficiary of migrant remittances among developing countries. The total according to the World Bank declined by 2.4% to US$429bn, and Nigeria’s inflows by 7.3% to US$19bn. These inflows represented an estimated 4.6% of GDP, making Nigeria much […]