The Diaspora Dollar Lifeline: Can Nigeria Turn Record Remittances Into Lasting Economic Strength?
By FIDELUS ZWANSON A Record Month Raises Hopes for Nigeria’s Foreign-Exchange Market NIGERIA’S diaspora remittances have reached a significant milestone, but the record inflow raises a larger economic question: is the country attracting substantially more foreign currency, or are more existing transfers simply finding their way into the formal financial system? The Central Bank of […]
