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How Regulatory Changes are Impacting Remittances to Nigeria from the UK

Around 300,000 Nigerians are living and working in the UK. They earn a living and carry out a money transfer to Nigeria from UK to offer financial aid back home. Owing to the robust UK economy, many Nigerians are relocating to the UK for better jobs.This has pushed the Nigerian government to redesign its regulatory framework for processing remittances. When the number of expatriates hailing f...

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