Remittances Gateway
Nigeria’s Minister of Communications said the Nigeria Postal Service (NIPOST), will soon introduce Post Bank to bring banking services to rural dwellers.Mr Adebayo Shittu said this today while addressing journalists in Ibadan.He said Postbank would avail rural dwellers access to banking services through NIPOST offices across the country.
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WorldRemit, the global money transfer app, today introduces instant transfers to Nigeria. In addition to its same-day bank transfer service, WorldRemit now allows people to send money to more than 140 cash pickup locations in Nigeria, instantly.People in more than 50 countries can use the app to send to Nigeria. Recipients can collect money instantly from 140 branches of Skye Bank.
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Official remittances flow to Nigeria this year is expected to reach $21 billion, according to a new migration and development brief on remittance trends by the World Bank.
Read more Haiti: Fonkoze Fonkoze is “Haiti’s Alternative Bank for the Organized Poor.” It is the largest microfinance institution (MFI) in Haiti,
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