Japa, Remote Work and the New Nigerian Remittance Economy
Business & Money

Japa, Remote Work and the New Nigerian Remittance Economy

You no longer have to leave Nigeria to earn like you did, and that's reshaping how families budget, save and spend

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Dapo never left Nigeria. He works, full-time, for a software company headquartered in Austin, Texas, logging in every morning from his apartment in Yaba, paid entirely in dollars, deposited into a domiciliary account before he converts whatever he needs into naira at a rate dramatically better than his local-currency-earning peers can access. He represents a quietly growing segment of Nigeria's economy: workers participating in the 'japa' wave's financial upside, dollar-denominated income, without the actual emigration that the term japa, Yoruba slang for fleeing or escaping, originally and still primarily describes.

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#personal finance#nigerian economy#remote work#japa#remittances
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