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Remittance market still soft, companies jockeying for business - Vimarsana News

Remittance market still soft, companies jockeying for business

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...

Cross-border remittances at all-time high for third consecutive year - Vimarsana News

Cross-border remittances at all-time high for third consecutive year

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…

Source: biztoc.com
 - Vimarsana News

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

Source: nikkei.com
Boost For Naira as World Bank Predicts Diaspora Remittances For Nigeria in 2023, FG Sets FX Rates - Vimarsana News

Boost For Naira as World Bank Predicts Diaspora Remittances For Nigeria in 2023, FG Sets FX Rates

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

Source: legit.ng
"Foreign exchange issues are diverting remittance inflow to unofficial channels in Sub-Saharan Africa"- World Bank - Vimarsana News

"Foreign exchange issues are diverting remittance inflow to unofficial channels in Sub-Saharan Africa"- World Bank

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