Forex Policy, COVID-19 Slowed Nigeria’s Foreign Remittance In 2020 – IMF

The International Monetary Fund (IMF) has said that forex policy and the coronavirus pandemic slowed Nigeria’s foreign remittance in 2020. In its Sub-Saharan Africa (SSA) Economic Outlook released yesterday, the IMF said Nigeria’s foreign remittance dropped by 28 per cent despite an increase of 1.6 per cent in remittances amongst other…

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