What Are Remittances? A Complete Guide

According to the World Bank, Nigeria received about $20 billion in remittances in 2023 alone. This is one of the highest in Sub-Saharan Africa. That’s more than the country earned from crude

Money Transfer by Post: How Does It Work?

There was a time when international money transfer meant an envelope, a stamp, and a whole lot of faith. Your uncle in Canada would queue at the post office to send money home,

Telegraphic Transfers: Everything You Need to Know

There was a time when sending money abroad meant telegrams, cables, and days of waiting. That’s actually where the name “telegraphic transfer” comes from. Today apps like Zole allow you to send