Tuesday, 10 November 2009

Nigeria: World Bank - Citizens Remit $10 Billion Home

Lagos — With an estimated $10 billion inflow of foreign exchange from its citizens abroad this year, Nigeria yesterday emerged the sixth highest destination of remittances from citizens of developing nations in the Diaspora.

The World Bank, which gave the figure in its Migration and Development Brief released at the weekend said in the updated remittance flow table, India, China and Mexico retained the top three positions among developing countries and attracted funds up to $52 billion, $49 billion and $26 billion respectively. Read more

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