Nigeria in 2007. The United States accounts for the largest portion of official remittances, followed by the United Kingdom, Italy, Canada, Spain and France. On the African continent, Egypt, Equatorial Guinea, Chad, Libya and South Africa are important source countries of remittance flows to Nigeria, while China is the biggest remittance-sending country in Asia. Nigeria has one of the fastest growing telecommunications markets in the world, major emerging market operators (like MTN, 9mobile, Airtel and Globacom) basing their largest and most profitable centres in the country. The government has recently begun expanding this infrastructure to space based communications. Nigeria has a
Ghana–Nigeria relations to Ghana, which the PNDC hailed as a watershed in Ghana–Nigeria relations. Subsequent setbacks that Babangida initiated in the democratic transition process in Nigeria clearly disappointed Accra. Nonetheless, the political crisis that followed Babangida's annulment of the results of the June 1993 Nigerian presidential election and Babangida's resignation from the army and presidency two months later did not significantly alter the existing close relations between Ghana and Nigeria, two of the most important members of ECOWAS and the Commonwealth of Nations. After the takeover in November 1993 by General Sani Abacha as the new Nigerian head of state, Ghana and