List of Money Transfer Services to Nigeria
In March 2021, the Central Bank of Nigeria (CBN) released the list of 47 International Money Transfer Operators (IMTOs) approved to receive remittances from …
Moroccans in Diaspora Sent Home Over $7 Billion in 2020
Moroccans in the diaspora sent home 67.99 billion Moroccan dirham ($7.54 billion) in 2020, according to Foreign Exchange Office. The number of Moroccans living …
Small World Enters Into Remittance Partnership With Ecobank
Small World and Ecobank have entered into a partnership to provide fast, convenient and affordable remittance services to Africans in the diaspora. Small World …
Tranglo Introduces Money Transfer to Nigeria, Ghana, and Uganda
Tranglo, a global money transfer service, has entered the Sub Saharan Africa market. It has launched services in 3 new money transfer corridors in …
Taptap Send Launches Free Money Transfer Service to Kenya
The British money transfer service Taptap Send has launched its services to Kenya. Kenyans in Europe can now send money for free to M-Pesa …
Lycaremit Money Transfer Review 2021
Founded in 2013, Lycaremit is a British money transfer service that offers low-cost online international money transfers to six African countries. How Lycaremit Works …
Azimo Stops Money Transfer to Naira Bank Accounts and Cash Pickup
Azimo, the British money transfer company, has stopped money transfer services to naira bank accounts and cash pickup in Nigeria. Up until recently, Azimo …
Eversend Money Transfer App Review
What is Eversend? Eversend is a financial app that enables users to make money transfers, pay bills, and send talk-time to their beneficiaries in …
Electroneum: Crypto-Powered Non-Monetary Remittances to Africa
Electroneum is a UK-based cryptocurrency app that offers non-monetary remittances to Africa. The remittances are in form of electricity bill, airtime, and data top …
Nigeria Suspends International Money Transfers to Mobile Wallets
Mobile money is no longer one of the receiving methods for international money transfers to Nigeria. This follows a Central Bank of Nigeria (CBN) …
Can I Use Wise in Nigeria? [Not Anymore From November 1st, 2022]
The UK international money transfer company, Transferwise, has stopped offering money transfer services to Nigeria. At least for now. The fintech has been one …
Nigerian Banks Disown Money Transfer Companies. Are They scared?
A crackdown has been launched by five Nigerian retail banks and the Central Bank of Nigeria against two popular European money transfer services, Azimo …
Polaris Bank Pays Out Money Transfers in US Dollars in Nigeria
Polaris Bank has started to make payments in US dollars to money transfer beneficiaries in Nigeria. The service is available to both account and …
Xoom Launches Low-Cost Transfers to Mobile Wallets in Africa
On December 9, 2020, Xoom, a money transfer company owned by PayPal, introduced a new service in the U.S., U.K., Canada, and Europe for …
Free, Instant Money Transfer to Nigeria With Binance
Binance announced in November 2020 that it has added Nigerian naira cash transfer on its mobile app, iOS and Android, or website. Binance, one …