Saturday, October 10, 2026

Fintech giant Wise suspends money transfers to Nigeria

• October 13, 2022
Wise
Wise

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

Nigerian Bar Association

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.

farmers

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

Katsina State

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.

Bwari Area Council

Abuja

Dutse ​‌⁠​‍‍⁠⁠‍​‌​‍‍⁠‌​‌​residents commend road rehabilitation, seek quick completion

Mr Ishaku earlier promised that his administration would ensure the completion of ongoing projects.

The ​‌⁠​‍‍⁠⁠‍​‌‍​‌‍‌⁠‌​remains of late Chief Dan Orbih

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.

Stock Market

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.

Pankshin LG in Plateau State.

States

Chairman vows to end ritual killings in Plateau LG

Mr Gonung also called for stronger collaboration among security agencies.

Awu Fidelis Jonah

NationWide

IG Disu appoints Awu Jonah as head of police complaints unit

Mr Iniedu described Mr Jonah as a seasoned police officer.