Page 4 - Development Brief News Today

The report highlights Indias significant position as the top remittance recipient, drawing attention to the evolving dynamics in the remittance landscape

The worker remittances into the country witnessed a respite in December 2023 as the latest data by the central bank...

The Nigeria Diaspora Forum said it has opened its Abuja office to liaise with the government and various foreign embassies over the welfare of Nigerians abroad.

“There are many Nigerians doing business here and the number has increased significantly in the last few years."

On Friday, the Naira reversed from its history low to set a closing record for the year 2023 at the official foreign exchange market known as Nigerian Autonomous

MoneyGram’s super-agent in Jamaica, Lasco Financial Services Limited, has faced several headwinds. Higher MoneyGram commissions led to declining revenue per transaction, during Lasco’s past financial year, although remittance volumes increased by...

TOKYO -- International remittances increased by an estimated 3% over the previous year to about $860 billion in 2023, an all-time high for the third year in a…

TOKYO -- International remittances increased by an estimated 3% over the previous year to about $860 billion in 2023, an all-time high for the third y

The World Bank has projected that diaspora remittances into Nigeria will increase to $20 billion in 2023 as the Federal Government predicted a new FX rate

The World Bank says foreign exchange issues are diverting remittance inflow to the Sub-Sahara region from official to unofficial channels.