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 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.

Abuja
Dutse residents commend road rehabilitation, seek quick completion
Mr Ishaku earlier promised that his administration would ensure the completion of ongoing projects.

States
Gov. Okpebholo receives late Orbih’s remains at Benin Airport
Mr Ize-Iyamu said Mr Orbih was a generous and compassionate man who helped countless people.

NationWide
Stock market rebounds, adds N209 billion to investors’ wealth
Red Star Express led the gainers, appreciating by 9.76 per cent to close at N13.40 per share.

States
Chairman vows to end ritual killings in Plateau LG
Mr Gonung also called for stronger collaboration among security agencies.

NationWide
IG Disu appoints Awu Jonah as head of police complaints unit
Mr Iniedu described Mr Jonah as a seasoned police officer.





