Declining diaspora remittances worsen Naira woes

BY EMEKA EJERE Nigeria’s foreign exchange crisis resulting from decline in earnings from crude oil sales is being compounded by decreasing diaspora remittances flow into the country despite efforts of the Central Bank of Nigeria (CBN) to reverse the trend. The decline in remittance flows is attributed to a combination of factors, all driven by … Continue reading Declining diaspora remittances worsen Naira woes