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Nairaland Forum / Nairaland / General / Business / World ('diaspora') Remittances In The World From 2010 (13302 Views)
90% Of 2023 Diaspora Remittances Didn’t Get To Nigeria — Oyedele / Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN / CBN Introduces ‘Naira 4 Dollar Scheme’ For Diaspora Remittances (2) (3) (4)
World ('diaspora') Remittances In The World From 2010 by ProvisioDigital: 10:20pm On Dec 19, 2022 |
▪ Often called 'diaspora' remittances (the word, diaspora has some negative connotation but popularly used in Nigeria for Nigerian migrants) in the world, these ten countries have received the largest remittance from their citizens abroad in 2021: 1. India 2. Mexico 3. China 4. Philippines 5. Egypt 6. Pakistan 7. France 8. Bangladesh 9. Germany 10. Nigeria Nigeria and Egypt are the 2 African countries that consistently feature in the top ten. Nigeria used to receive more remittances than Egypt but from 2017, this changed. Egypt has been the 5th largest recipient of remittances in the world since 2017. ▪ From 2010 to 2011, Nigeria was the 5th largest recipient; from 2012 to 2015, Nigeria was the 6th; from 2016 to 2019, Nigeria was the 7th and in 2020, Nigeria finally dropped to the 10th place. Closely following Nigeria in 11th place is Ukraine ($18.1b), this could be attributed to the Russia-Ukraine conflict. ▪ Nigeria and Egypt had both been receiving above $20bn since 2017 but in 2020, Nigeria's remittance dropped to $17.1bn. According to the World Bank, countries that experienced scarcity of foreign exchange and multiple exchange rates witnessed decline in remittance inflows as flows went to alternate mediums where better rates were offered. https://www.youtube.com/watch?v=wn-yby3mVEw 3 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by dominique(f): 5:14am On Dec 20, 2022 |
So people are japaing from Egypt too? For Egypt to be the no.1 African country in the list, that means they have a lot of citizens in the diaspora sending money home. Either that or our people in obodo oyinbo are no longer sending money home like before. They don use over billing to drive them away 38 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by Nobody: 4:07pm On Dec 21, 2022 |
Remember to get your PVC and vote for the best candidate, H.E Peter Obi. God bless Nigeria, God bless our incoming president, PO 54 Likes 5 Shares |
Re: World ('diaspora') Remittances In The World From 2010 by DropsMic(m): 4:07pm On Dec 21, 2022 |
Hmmm |
Re: World ('diaspora') Remittances In The World From 2010 by Jokerman(m): 4:07pm On Dec 21, 2022 |
Seems people will always Migrate for greener pastures 5 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by LegendHero(m): 4:07pm On Dec 21, 2022 |
No be small thing. Diaspora remittance is helping lot of families back home. 4 Likes 1 Share |
Re: World ('diaspora') Remittances In The World From 2010 by TheMensch(m): 4:07pm On Dec 21, 2022 |
W |
Re: World ('diaspora') Remittances In The World From 2010 by Moh247: 4:07pm On Dec 21, 2022 |
It's continuously difficult to make remitances into Nigeria, WU, MG are all bullshit, PayPal is fvcked Buhari keeps shouting Kwaraption Kwaraption about, with Emefiele setting us up like every cash in flow is linked to Yahoo and Drugs Bitcoin Kwaraption Westy UN Kwaraption Money Grm Kwaraption PayPal Kwaraption . 9 Likes 2 Shares |
Re: World ('diaspora') Remittances In The World From 2010 by dj2chicki: 4:07pm On Dec 21, 2022 |
OK |
Re: World ('diaspora') Remittances In The World From 2010 by MideMrPossible: 4:08pm On Dec 21, 2022 |
Hmmm |
Re: World ('diaspora') Remittances In The World From 2010 by Yankee101: 4:08pm On Dec 21, 2022 |
Make buhari bring one funny policy see how remittances go drop 3 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by lordparcel: 4:08pm On Dec 21, 2022 |
Nigerians full everywhere |
Re: World ('diaspora') Remittances In The World From 2010 by Jlow2: 4:08pm On Dec 21, 2022 |
Alqaeda people's congress is an evil party 3 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by MANNABBQGRILLS: 4:08pm On Dec 21, 2022 |
This is MASSIVELY MASSIVE!! For the layman out there, Let's break this down for y'all, Diaspora remittance means a person living abroad sending money back to their country of origin. In the case of Nigeria, it is members of the diaspora sending money back home. Thanks?! No, Don't mention. What are members for? 3 Likes 3 Shares |
Re: World ('diaspora') Remittances In The World From 2010 by Talktalk2022: 4:08pm On Dec 21, 2022 |
Our uncles and aunties sending funds from abroad . UNa well done oo |
Re: World ('diaspora') Remittances In The World From 2010 by FrancescoFarino(f): 4:09pm On Dec 21, 2022 |
Mexico |
Re: World ('diaspora') Remittances In The World From 2010 by ShoeWorld2(m): 4:09pm On Dec 21, 2022 |
Pakistanis are not expatriates, they sell drugs more than Nigerian people but they're not as loud as Nigeria. I sell beautiful sneakers at affordable prices 2 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by Ogurube: 4:09pm On Dec 21, 2022 |
The remittances to Nigeria will continue to dwindle if our government, families, and friends back home continue to take for granted the hard-earned monies being sent to them. It is exhausting to see some of our people waste money on useless things, rather than making productive attempts to invest the money given. 6 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by Buhari4sale: 4:09pm On Dec 21, 2022 |
I was expecting to see canada |
Re: World ('diaspora') Remittances In The World From 2010 by atinga1: 4:10pm On Dec 21, 2022 |
Buhari factor diminished our remittances Bubu messed up everything in Nigeria. 5 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by Tinubuwins2023e: 4:10pm On Dec 21, 2022 |
70% of that money is received by yahoo boys 1 Like 2 Shares
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Re: World ('diaspora') Remittances In The World From 2010 by Starboytwo(m): 4:10pm On Dec 21, 2022 |
We need to do internal remittance survey in naija too. Billing everywhere. 2 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by LegendHero(m): 4:11pm On Dec 21, 2022 |
Moh247: Na Gboys cause am. 5-8 years ago, guys Dey use WU & MG steady without much hiccups. Now even if you’re sending your legit money, they will have to ask you lot of question and sometimes even hold your money from sending with you needing to call customer care time and time. 5 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by FreeStuffsNG: 4:11pm On Dec 21, 2022 |
Impressive!! So what is now our Gini coefficient? Most of it came from remittances to SW and these top 10 states with Edo state leading and all the 6 SW states in the top 10. https://twitter.com/StatiSense/status/1603631547810254848?t=Hk_H6ZM4EXok_aTdaTKHhg&s=19 RECEIVING INT'L REMITTANCES Household, % 1 �Edo — 25.3% 2 �Oyo — 14.2% 3 �Imo — 12.9% 4 �Ogun — 11.9% 5 �Lagos — 11.5% 6 �Ondo — 9.4% 7 �Delta — 9.3% 8 �Ekiti — 8.7% 9 �Abia — 7.3% 10 �Osun — 6.3% �South East �South South �South West #StatiSense check my signature for free stuffs! 5 Likes 2 Shares
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Re: World ('diaspora') Remittances In The World From 2010 by ednut1(m): 4:11pm On Dec 21, 2022 |
Alot of Nigerians use peer to peer to send money home. Are they being captured in all these 5 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by Roboto11: 4:12pm On Dec 21, 2022 |
Moh247: Difficult how? Who do you know abroad? Rubbish. 3 Likes |
Re: World ('diaspora') Remittances In The World From 2010 by sofeo(m): 4:12pm On Dec 21, 2022 |
Ooopss |
Re: World ('diaspora') Remittances In The World From 2010 by Moh247: 4:13pm On Dec 21, 2022 |
LegendHero: Naso but it's CBN and banks duty to make the system more secure for legit people and make it strict for scam 1 Like |
Re: World ('diaspora') Remittances In The World From 2010 by DennisEche(m): 4:13pm On Dec 21, 2022 |
Add NAija boiz wey go Foreign |
Re: World ('diaspora') Remittances In The World From 2010 by MANNABBQGRILLS: 4:13pm On Dec 21, 2022 |
Tinubuwins2023e:Those ones never do anything meaningful with their ill-gotten fraud money. 1 Like 2 Shares |
Re: World ('diaspora') Remittances In The World From 2010 by Moh247: 4:13pm On Dec 21, 2022 |
Roboto11: Funny question I have families abroad and I go abroad Wetin dey inside travel . |
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