1.

Record Nr.

UNINA9910451646203321

Autore

Hernández-Coss Raúl <1968->

Titolo

The UK-Nigeria remittance corridor [[electronic resource] ] : challenges of embracing formal transfer systems in a dual financial environment / / Raúl Hernández-Coss, Chinyere Egwuagu Bun

Pubbl/distr/stampa

Washington, D.C., : World Bank, Dept. for International Development, c2007

ISBN

1-280-85775-7

9786610857753

0-8213-7024-3

Descrizione fisica

1 online resource (100 p.)

Collana

World Bank working paper, , 1726-5878 ; ; no. 92

Altri autori (Persone)

BunChinyere Egwuagu

Disciplina

337.410669

Soggetti

Emigrant remittances - Nigeria

Emigrant remittances - Great Britain

Informal sector (Economics) - Nigeria

Informal sector (Economics) - Great Britain

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 75-80).

Nota di contenuto

Contents; Foreword; Acknowledgments; Acronyms; Executive Summary; Introduction; List of Figures; List of Tables; 1. At the First Mile; List of Boxes; 2. At the Intermediary Stage; 3. At the Last Mile; 4. Conclusions and Policy Recommendations; Appendix A. United Kingdom Regulatory Overview; Appendix B. Nigeria Regulatory Overview; References; Map of Formal Flows in the UK-Nigeria Corridor and Current and Potential Networks for Distribution in Nigeria

Sommario/riassunto

This study is the first research work on remittances conducted in Nigeria and reveals the actual state of its remittance market. The report describes how United Kingdom residents of Nigerian origin transfer remittances home and how the funds are distributed to their beneficiaries in Nigeria. The review presents the remittance industry conditions existing in the UKNigeria remittance corridor at the origination and distribution stages of the transactions, and the intermediaries who facilitate the transfers. The report makes



conclusions and compares these main findings with lessons from other cor