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In this interview with CHIJIOKE IREMEKA, he says though the Federal Government appreciates the fundamental value of Nigerian Diaspora remittances currently at almost $35 billion yearly, the government has not been adequately informed ....

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All you need to know about the e-Naira set to be launched on October 1

All you need to know about the e-Naira set to be launched on October 1
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.

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Implications and impact of the new FX policy on diaspora investments

Implications and impact of the new FX policy on diaspora investments
On
By Godwin Emefiele
I would like to thank the organisers for identifying a very topical theme. As we are all aware remittances from Nigerians living abroad has had a significant benefit on domestic income, social welfare and economic growth in Nigeria. Given the depth of skills that Nigerians in the diaspora possess, an effective engagement, with them is vital towards maximising the gains that they could make in supporting further investment and growth in Nigeria.
Our diaspora community given their ties to Nigeria have a vital interest in supporting the improved welfare of Nigerians at home. In addition, remittances are less volatile when compared to other forms of foreign investment, such as foreign portfolio investment, which could be prone to sudden reversals, and are influenced by external factors, such as changes in monetary policy by advanced countries. ....

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