Tag: Nigerians abroad
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Three Nigerian Professionals Ordained as Catholic Priests
Three Nigerian professionals have been ordained as Catholic priests at the Basilica of St. Eugenio, Rome, in a ceremony, led by Cardinal Lazarus You Heung-sik. The trio – Reverend Fathers Vitus Ntube, Silvanus Asogwa, and Agaba Otache – had pursued successful careers in Nigeria before becoming members of Opus Dei, an institution within the Catholic…
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Naira redesign: Over 17 million Nigerians abroad have nowhere to exchange old banknotes
Nigerians in the Diaspora have been excluded from the ongoing cash swap programme launched by the Central Bank of Nigeria (CBN) and are left stranded with the old banknotes as no provision has been made to accommodate them in the programme. The cash swap programme is part of efforts by the CBN to fast-track on…
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Diaspora cash remittances as a metaphor for Nigeria’s economic malaise – Dele Sobowale
By Dele Sobowale “Diaspora cash remittances drop by 27% to $17.2bn in 2020.” Diaspora cash flows in 2020 were bound to be lower than those of 2019. COVID-19 made it impossible for Nigerians worldwide to work; earn income and send money home. Most were living on food donations by charities or Local Governments. It is…