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
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,
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
Once upon a time, sending money internationally was like crossing seven mountains and seven seas. You would have to find a bank that can handle that request, travel to the bank because it
Growing up, many Nigerian families had a Big Daddy London or Big Mummy US; relatives who lived abroad and sent money home to support loved ones. They sent money for school fees, property