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Diaspora remittances from US face slowdown on immigration ban

…as America accounts for largest source of inflows

Analysts are anticipating a slowdown in the amount of money coming into Nigeria from the United States following a decision by the White House restricting citizens of Africa’s largest economy from accessing immigrant visas.
The move is expected to hurt the growth of diaspora inflows which global consulting firm PricewaterhouseCoopers estimates to reach $34.8 billion by…

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