The International Organization for Migration's (IOM) World Migration Report 2024 indicates that migrant remittances surged by an astonishing 650 per cent globally, rising from $128 billion in 2000 to $831 billion in 2022.
This dramatic increase has outpaced foreign direct investment in boosting t
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Ngozi Ekugo
Ngozi Ekugo is a Senior Correspondent at BusinessDay. She holds a Masters in management from the University of Lagos, an undergraduate from University of Lagos, and is in an alumni of Queen's College. Shes currently an associate member of the Chartered Institute of Personnel Management (CIPM). She has a brief experience at Goldman sachs, London in its Human Capital Management division. She is interested in human capital development and is leveraging her varied experience across sectors to report labour and global mobility trends for stakeholders to make informed decisions.
