Nigeria Receives $10.11 billion Diaspora Remittances

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Nigerians received $10.11 billion as Diaspora remittances between January and June 2022.

This represents a 9.6% increase compared to $9.23 billion received in the corresponding period of 2021.

In contrast to the second half of 2021, Nigeria’s Diaspora remittance inflow increased marginally by 0.9% from $10.02 billion.

In the period under review, a sum of $23.3 million was recorded as remittance outflow from Nigeria, indicating a net inflow of $10.09 billion in H1 2022 as against a net value of $9.99 billion recorded in H2 2021 and $9.2 billion recorded in the corresponding period of 2021.

Written by: Helen Obih

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NIMASA Secures 20 Convictions

The Nigerian Maritime Administration and Safety Agency, NIMASA, has secured at least 20 convictions in the past one year. Director-General of the NIMASA, Bashir Jamoh, disclosed this at the 53rd Session of the State House Briefing in Abuja. According to Jamoh, those arrested include perpetrators of poaching, piracy and other crimes in the Gulf of Guinea. The Director added that all 20 persons convicted are serving a total of 119 […]

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