How Can Gambian Government Get The Best Out Of Diaspora Working Abroad?

Gambian Diasporas send money to Gambia, which aids the economy of the country. In an unexpected move, the Gambia’s state holds the first “Consultative Meeting between the Government of the Republic of the Gambia and Gambians in the Diaspora” in January 2012, through its Ministry of Foreign Affairs, International Cooperation, and […]

What Are The Types Of Electronic Funds Transfer To Choose Cost-Effective Approach For International Payments?

Did you ever send money to Senegal through an electronic fund transfer system? A direct deposit, also known as an electronic funds transfer (EFT), is a digital transfer of money from one bank account to another. These transactions are carried out without the involvement of bank employees. There is no need […]

Where Do Africa Positioned In The Race Of Remittance Among Asia And Other Continents?

Every year, expatriates send money to Nigeria in billions. They were using financial services, especially in Africa, Asia, and Latin America. About 231 million people lived outside their birth country in 2013, according to the United Nations, and migrants from developed countries sent home $414 billion in the same year, according […]

What are the Modern Economic Problems?

economic problems

Economic advancement is one of the greatest changes that the world has experienced. Economic systems have increased output efficiency. World economies are integrated due to the output surplus that resulted in to trade. The list of positive impacts could be very much longer but the modern economies have also given birth […]

How to Deal with Global Debt? A way out!

global debt

Global debt today is equivalent to 225 per cent of global GDP. This is and should be the main concern of countries today. The devil of global debt has somehow infected all the major and minor economies of modern time. The responsible contributors to such rise in global debt are the advanced […]

Why is Trade Important? Things to know about

WHY IS TRADE IMPORTANT

Trade is the term used for the exchange of goods and services between the countries. trade is one of the greatest indicators of international economic systems. These economic relations have made access to foreign products and services possible. Like if you are exporting your products from Nigeria to UK, then in […]