How Nigerians Abroad Can Grow Wealth at Home
A Nigerian professional in London closes her laptop after another workday. In Toronto, a family reviews its financial plans for the next few years. In Houston, an entrepreneur considers what to do with money set aside for a future commitment in Nigeria. Their circumstances may differ, but they face a similar financial decision. If the money will not be needed immediately, should it remain idle, or can it be positioned to earn a return. This question is becoming more important as the Nigerian diaspora market grows beyond traditional remittances. World Bank data put personal remittances received by Nigeria at approximately 22.8 billion US dollars in 2025, equivalent to about 7.8 percent of Gross Domestic Product. Data from the Central Bank of Nigeria also show that workers remittances reached 5.24 billion US dollars in the third quarter of 2025. These figures highlight the scale and resilience of financial inflows from Nigerians living abroad. They also point to a broader opportuni...