A split screen on remittances: Ghana hits a record while Nigeria's inflows slip
What senders in New York, London and Toronto should watch as fees, taxes and FX rules shift.
The diaspora-remittance picture diverged in early 2026: Ghana logged a record US$7.8 billion for 2025, Kenya’s US-led inflows steadied its shilling, and Jamaica posted a 4.2% rise — while Nigeria’s transfers slipped amid foreign-exchange leakages. Running underneath is policy risk abroad, including proposed US taxes on outbound remittances that could shave hundreds of millions from African corridors. The practical lesson for senders is consistent across countries: formal channels capture more value at home, and comparing operators on fees and exchange rates changes how much actually lands.
Source: GhanaWeb; Kenyans.co.ke; Caribbean Life; Legit.ng; Legit.ng (US remittance-tax coverage).