Fintech giant Wise suspends money transfers to Nigeria

Global fintech giant Wise has announced that it will suspend money transfers to Nigeria from November 1.
Making the announcement in a statement seen by Peoples Gazette on Thursday, the fintech organisation explained that it took the decision to suspend transfers into Nigeria to enable it to address issues disturbing the process of sending money to the country.
“From 1 November, we’re stopping all USD transfers to Nigeria. We’re doing this because sending money to Nigeria hasn’t been as fast or reliable as we’d like. We want to fix this before your next USD transfer to Nigeria,” the statement disclosed.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Heading 3
UNICEF expresses sympathy for children, families as earthquake rocks Panama
UNICEF said it was ready to support the Government of Panama’s response if needed.

NationWide
IG deploys new spokespersons to commands, formations
Mr Disu charged the officers to uphold professionalism, accuracy and responsiveness in the discharge of their duties.

States
EFCC secures conviction of Lagos fraudster for laundering N132 million
The commission said Justice Osiagor ordered Mr Pelumi to undertake seven days of community service based on the sentencing.

Hot news Home top
U.S. sentences, revokes citizenship of octogenarian Liberian paedophile who molested four-year-old girl
U.S. attorney Ellis Boyle described Mr Clemens as a disgusting child molester.

Anti-Corruption
EFCC recovers $104,950 for U.S.-based businesswoman Adeshola Oshilaja defrauded by family friend
Ms Oshilaja commended the commission for its efforts and professionalism in handling the case.

Heading 5
OAU researcher secures $5 million grant to reduce maternal deaths in Nigeria
The statement noted that Mr Awowole’s work on PRIME targets reducing maternal deaths in Nigeria by 60% with Nigeria accounting for a quarter of global maternal deaths.





