Nairagram introduces platform to ease FX challenges in Nigeria

Nairagram, a licenced international money transfer operator, has launched a platform to address the foreign exchange (FX) liquidity challenges in Nigeria. The platform, which is in collaboration with the Central Bank of Nigeria and in partnership with Sebastian BDC and Keystone Bank, aims to simplify and enhance the process of sending money from Nigeria globally, thus fostering financial empowerment for Nigerians.

According to a statement by Nairagram, the platform is a game-changing international payment service that symbolises its unwavering commitment to innovation that enables bonds of kinship, fosters community, and drives wealth creation through hassle-free remittance overseas. The platform also represents the brand’s commitment to African success stories, empowering African economies, transcending borders, and creating opportunities for financial inclusion.

The platform promises its users expanded reach, enabling money transfers from Nigeria to Ghana, Senegal, Gambia, Kenya, Cameroon, Ivory Coast, Mozambique, Tanzania, Uganda, Zambia, Zimbabwe, Guinea-Conakry, Rwanda, the Congo DRC, Burkina Faso, Mali, Benin, Togo, Gabon, Ethiopia, and many more. With such an extensive network, customers can be assured that their financial support reaches loved ones or business partners through Nairagram’s bank deposits and mobile wallet services.

By offering a direct and reliable link between senders and recipients, Nairagram is empowering people to make positive impacts across borders. Thus, this expansion in partnership with the CBN represents a significant step forward in Nairagram’s mission to provide innovative and seamless financial solutions tailored to the unique needs of Nigerians.

The platform also promises to revolutionise the money transfer industry, both within and outside Africa. In the coming months, the service will be extended to the USA, UK, UAE, and Turkey.