The bank announced the good news to its International Money Transfer customers in a statement it issued on Friday.
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The new lowered price allows customers to send more to family and friends in Nigeria with absolutely no fees and FX margins.
Leading digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to quickly pay employees and contractors in 140 countries worldwide, including fast-growing markets such as Nigeria, Ghana, Kenya, and South Africa.
A panel of judges from Arsenal Football Club and its official online money transfer partner, WorldRemit, have selected six coaches from across Africa as finalists in their new Future Stars coaching progamme.
Leading digital money transfer service, WorldRemit, has partnered with Access Bank for instant money transfers to Access Bank accounts in Nigeria.
Gbenga Shobo, First Bank’s Deputy Managing Director, said at the media launch of the partnership in Lagos, that the alliance would aid instant money transfer to the bank’s over 14 million accounts across the country.
Lebara customers living in the UK, France, Germany, Spain, Denmark and Netherlands will benefit from WorldRemit’s extensive payout network in over 145 countries.
At the beginning of August 2016, hundreds of IMTOs suspended their operations, leaving the Nigerian diaspora to rely on just three approved companies to send money home, as well as unregulated, informal networks