10 results
- 3 Aug 2016
WorldRemit Urges Restoration of Money Transfers to Nigeria
WorldRemit, a leading online remittance provider, has called for the urgent restoration of money transfers to Nigeria as draconian new rules leave virtually all money transfer operators (MTOs) unable…
- 6 Sept 2016
Cross-Border Remittance to Boost Mobile Money in Africa - IDC
With around three-quarters of global remittances being sent to developing nations, IT market intelligence firm International Data Corporation (IDC) tips cross-border remittances to become the next…
- 9 May 2014
Western Union, Moneygram Hit Nigeria, Others with Charges
Western Union and Moneygram, the world's leading money transfer companies, have been accused of charging a premium of up to 12 per cent on remittances into Africa, according to a recently released…
- 7 Mar 2018
International Remittances to Exceed $600bn in 2018 – Report
International digital peer-to-peer remittances conducted via mobile and online platforms will exceed $300 billion globally by 2021, up from an estimated $225 billion in 2018, says a new study from…
- 12 Dec 2016
Nigeria Still at Outskirts of Mobile Money Remittances
Nigeria is still struggling with low adoption and highly fragmented agency networks and both are conspiring to hobble the growth of the industry. Also, the country may not enjoy the benefits of…
- 5 Sept 2025
Bank of Ghana Suspends Remittance Licenses of Flutterwave, Cellulant, Tap Tap Send, Others
The Bank of Ghana (BoG) has suspended the remittance partnerships of several fintech companies including Flutterwave, Tap Tap Send, and others for a period of one month starting September 18, 2025.…
- 15 Oct 2021
EU Partners FIRS to Deepen CSOs Tax Knowledge, Compliance
Determined to ensure accountability and transparency as part of its good governance drive in Nigeria, the European Union has engaged with the Federal Inland Revenue Service to deepen the knowledge of…
- 16 May 2022
Ghana’s BigPay Goes Live with Azentio’s Amlock Financial Crime Detection Solution
Azentio Software, a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that BigPay, a Ghana-based global digital payment solutions company, has gone live…
- 14 Aug 2024
SentBe Enters the Global $5.9B Digital Overseas Remittance Market
By 2031, the digital overseas remittance market, expected to grow annually by 22%, will likely reach $45.2 billion. In this burgeoning market, SentBe, led by CEO Alex Seong-Ouk Choi, has announced…
- 18 Sept 2016
Expert Seeks Migration from MM to Digital Financial Services
Emmanuel Okoegwale, Principal Associate, Mobilemoney Africa, has urged Central Bank of Nigeria and licensed mobile money operators in the country to move away from mobile money services…