Nigeria Faces FX Reserve Threat as Proposed U.S. Remittance Tax Raises Red Flags, May Spur Informal Transfers

Nigeria Faces FX Reserve Threat as Proposed U.S. Remittance Tax Raises Red Flags, May Spur Informal Transfers

Nigeria Faces FX Reserve Threat. A proposed 5% tax on foreign remittances by United States residents has raised concerns in Nigeria, with tax analysts and financial experts warning that the …

Nigeria Faces FX Reserve Threat as Proposed U.S. Remittance Tax Raises Red Flags, May Spur Informal Transfers Read More