Nigeria’s Diaspora remittances exceed oil receipts for 4yrs running

Nigeria’s balance of payment deficit to hit 7yr high of $9bn in 2020

Remittances by Nigerians in the Disapora have for the fourth year running exceeded the country’s receipts from oil. Analysts say this is an indication that the country will do well to tap the potential in its greatest asset – human capital – rather than concentrating on oil that has over time

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