Monday, August 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

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.”

A man in handcuffs used to illustrate the story

Anti-Corruption

Crypto firm ‘MyTrade’ founder sentenced to prison for market manipulation, fraud

MyTrade founder was jailed for his role in a wide-ranging conspiracy to manipulate cryptocurrency markets on behalf of client cryptocurrency companies.

Armed female NSCDC operatives

Politics

10,000 NSCDC operatives sent to Osun ahead of August 15 governorship election

The Nigeria Security and Civil Defence Corps (NSCDC) says it has deployed 10,000 operatives for the August 15 Osun governorship election.

UNICAL chapel

Education

UNICAL: Police storm church to prevent bloodshed as Christians fight over chaplaincy

The police command in Cross River says it intervened in a conflict at the Chapel of Redemption, University of Calabar, quelling a Sunday service standoff to prevent bloodshed.

Mangoes

Economy

Nigeria ranks 11th globally in mango production, targets top three

Mr Kangiwa said Nigeria yields roughly one million metric tons annually.

CBT centre

Education

‘Miracle Centres’: Kogi, Nasarawa, Niger stakeholders hail rise of CBT facilities

Stakeholders have expressed optimism that the planned adoption of computer-based testing by WAEC and NECO will reduce exam malpractice and ‘miracle centres’.

army officers

States

SSCQE: 274 soldiers sit army’s senior staff course exam in Kaduna

The Nigerian Army has commenced the 2026 Senior Staff Course Qualifying Examination (SSCQE) for 274 officers at Jaji Military Cantonment, Kaduna.