Research from WorldRemit, a leading global payments company, has found that people sending money from the United States, the United Kingdom and Canada have continued to adjust their remittance habits due to COVID-19 pandemic.
With favourable regulations and policies, digital channels and resilient communities, Nigeria is expected to witness an increase in remittances, surpassing foreign direct investment, WorldRemit has said.
3 Dec 2021
World ranking of countries that spend more during Christmas holidays has placed Nigeria among the top 14, with Nigerians spending an average of 16 per cent yearly income during the period.
21 May 2021
Global cross-border payment company, WorldRemit, has said it would continue to reward customers who receive international money transfers through its partner banks in Nigeria.
3 Dec 2020
WorldRemit, a leading international payment company progressively dominating the fintech industry globally, has announced its partnership with Pan-African tech incubation hub, The Nest Innovation Technology, to build scalable business models across Africa via the WorldRemit Entrepreneurs Programme. In its quest to go beyond digitalizing payment methods across the globe and strengthen its renewed commitment to…
17 Nov 2020
WorldRemit, the global digital money transfer service has on Tuesday announced its signing of popular Nigerian musician, Patoranking as the Global Brand Ambassador for the brand and its Africa-focused WorldRemit Entrepreneurs Program. The WorldRemit Entrepreneurs Program will run simultaneously in Nigeria, Ghana, Kenya and Zimbabwe, from November 2020 through January 2021. WorldRemit customers from around…
15 Sep 2020
Nigerian financial service technology company, OPay has announced a partnership with leading global digital payments platform WorldRemit...
19 Jun 2019
Following its recent outreach in Kano where 300 families (orphans and widows) were supported with food items, leading online money transfer company WorldRemit again partnered with Regalo Hope Foundation to visit the Arms of Mercy Orphanage and Comenius Nursery and Primary School in Lagos State to support their work in providing better care and opportunities that enrich the lives of many children.
14 Jun 2019
Leading online money transfer company WorldRemit celebrated the Ramadan this year by supporting communities in Kano State with food items for families in need. The company has partnered with Arms of Mercy Orphanage and Comenius Nursery and Primary School in Lagos State to support their work and enhance the lives of children.
26 Apr 2019
Worldremit, digital money transfer company, and Paga Nigeria have partnered to launch international money transfers to Nigeria. Using the WorldRemit app or website, Nigerians in diaspora living in over 50 countries can now send money quickly and securely to over 11 million Paga users. In a press statement, the company said that the new partnership…
8 Mar 2019
New data from WorldRemit, a leading online money transfer service has rated Nigeria the largest remittance receiving country in Africa, even as citizens living abroad sent home a record $25billion (N9 trillion) in 2018.
21 Feb 2019
Digital money transfer service WorldRemit has launched low-cost online money transfers from South Africa to Nigeria, uniting Africa’s two largest economies.