Nigeria

Active Stories

Remittance corridors

Jun 1

Money & Movement: The new US 1% transfer tax — and the simple way around it

Since January, cash remittances out of the US carry a 1% federal tax. Digital and card-funded transfers do not.

5 earlier pieces

Diaspora bonds

Jun 1

Opportunity: African capitals are courting diaspora money — and changing the pitch

Nigeria wants US$1bn a month in formal remittances. Ghana is steering diaspora funds toward investment, not just support.

3 earlier pieces

Us Remittance Tax

May 28

The 1% cash remittance tax is live — and easy to avoid

*The U.S. federal excise tax on cash-funded international transfers has been live since January 1. Funding the same transfer from a bank account or card avoids it entirely.*

Africa Caribbean Corridor

May 28

Air Peace opens Lagos-Barbados nonstop as WHO holds Ebola PHEIC

*A new direct West Africa-Caribbean corridor lands at the same moment the WHO maintains a Public Health Emergency over Ebola in Central Africa. The two facts now sit together in regional discussion.*

Africa Remittance Policy

May 28

Nigeria orders remittance payouts in naira only

*The Central Bank of Nigeria's May 1 directive ends USD-cash payout at the counter. Recipient households now absorb the bureau-de-change spread on every transfer.*

1 earlier piece

Intra African Migration

May 28

Ghana repatriates ~300 nationals as Operation Dudula intensifies

*Accra is bringing home roughly 300 nationals from South Africa as anti-foreign-national pressure escalates. The flow underscores how intra-African migration remains a diaspora pressure point distinct from the trans-Atlantic story.*

Oil Shock Inflation

May 27

AfDB warns Middle East conflict is dragging on Africa's 2026 growth

*The African Development Bank flags higher import costs across the continent — the same oil-shock channel now showing up in Caribbean central bank statements.*

Ebola watch

May 27

Ebola count tops 1,000 suspected cases as Italy reports two travel-linked patients

*DRC Ministry of Health figures show case counts roughly doubling in five days; two suspected cases hospitalised in Milan after travel from Uganda.*

3 earlier pieces

Africa economic reshuffle

May 26

Ghana migration framework: status update as the Bridgetown climate-finance week opens parallel signal

Ghana's diaspora-migration framework remains one of the most accessible structured paths for diaspora connection in West Africa. As Caribbean climate finance accelerates this week, the question is whether parallel diaspora-engagement instruments will follow.

3 earlier pieces

Active Stories

Remittance corridors

Money & Movement: The new US 1% transfer tax — and the simple way around it

Diaspora bonds

Opportunity: African capitals are courting diaspora money — and changing the pitch

Us Remittance Tax

The 1% cash remittance tax is live — and easy to avoid

Africa Caribbean Corridor

Air Peace opens Lagos-Barbados nonstop as WHO holds Ebola PHEIC

Africa Remittance Policy

Nigeria orders remittance payouts in naira only

Intra African Migration

Ghana repatriates ~300 nationals as Operation Dudula intensifies

Oil Shock Inflation

AfDB warns Middle East conflict is dragging on Africa's 2026 growth

Ebola watch

Ebola count tops 1,000 suspected cases as Italy reports two travel-linked patients

Africa economic reshuffle

Ghana migration framework: status update as the Bridgetown climate-finance week opens parallel signal

Archive