Remittance to Nigeria in 2012 was $21bn, says World Bank

World Bank called for improved transparency around Nigeria’s FX auction process to build credibility.

Nigeria received a record $21 billion remittance from its migrants abroad just in 2012, placing the country as one of the top recipients of officially recorded remittance for last year. According to the World Bank, the developing countries which received high remittances in 2012 are India, $69 bi

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