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Why Nigeria accounts for 27.7% decline in SSA remittances flow

Remittances flow to Sub-Saharan Africa were estimated to have declined by 12.5 percent in 2020, according to a new report by World Bank. Read Also: Nigerian Diaspora, remittances and contributions to national development The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria, which alone accounted for over 40 percent…

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