Fonta, William M.Ayuk, Elias T.Chukwu, Jude O.Onyukwu, Onyukwu E.Agu, Cletus C.Umenwa, Innocent O.2021-01-182021-01-182015http://hdl.handle.net/10625/59666The table of contents for this item can be shared with the requester. The requester may then choose one chapter, up to 10% of the item, as per the Fair Dealing provision of the Canadian Copyright ActThe study findings show inflowing remittances to Nigeria are used primarily to subsidize households’ consumption, education and health expenditures. The paper discusses and analyzes the remittance environment, its economic importance, as well as the ‘Diaspora Bonds’ of Nigeria, comparing these to data from other countries. The remittance environment could be further enhanced by financing strategies, including ones that strictly enforce Central Bank of Nigeria (CBN) circulars which articulate general rules on electronic banking, and or the Mexican “Tre por uno/ treporuno” programme. Nigeria is one of the world’s top remittance receiving countries.application/pdfenREMITTANCESDIASPORABANKINGECONOMIC IMPLICATIONSPOVERTY ALLEVIATIONFINANCIAL INCENTIVESHOUSEHOLD INCOMENIGERIASOUTH OF SAHARADynamics of remittance utilization by Nigerian householdsJournal Article (peer-reviewed)