!!

Welcome Guest

You are viewing this forum as a guest therefore You are Not Allowed to Post and Reply and You are not allowed to view links. Register or Login

collapse

* Search


* Recent Replies

How Can I Change Or Beautify My New YouTube Page by [Not Shown, Login to View]
[Oct 18, 2017]


Effective Paid Traffic Channel by [Not Shown, Login to View]
[Oct 18, 2017]


How long by [Not Shown, Login to View]
[Oct 18, 2017]


pdf (ebook) from laptop to gmail acoun by [Not Shown, Login to View]
[Oct 18, 2017]


facebook ads by [Not Shown, Login to View]
[Oct 18, 2017]


Website Traffic Season 12 - Amazing all-in-one tool for Google, Youtube, Amazon. by [Not Shown, Login to View]
[Oct 15, 2017]


Show/Hide Widgets in Blogspot Mobile Template by [Not Shown, Login to View]
[Oct 15, 2017]


How to Get Original Image For My Local News Blog by [Not Shown, Login to View]
[Oct 15, 2017]


how to create ebook covers by [Not Shown, Login to View]
[Oct 15, 2017]


Cheapest domain site and purchase with master card by [Not Shown, Login to View]
[Oct 05, 2017]


Amazon Identity Verification by [Not Shown, Login to View]
[Sep 28, 2017]


Any monthly charges from Paypal? by [Not Shown, Login to View]
[Sep 22, 2017]


Using RSS Gadget by [Not Shown, Login to View]
[Sep 22, 2017]


Old WordPress inbuilt themes by [Not Shown, Login to View]
[Sep 22, 2017]


how can i put html text and html tag into the notepad by [Not Shown, Login to View]
[Sep 18, 2017]


change from .blogspot.com to .com by [Not Shown, Login to View]
[Sep 17, 2017]


HTML code for Menu Buttons by [Not Shown, Login to View]
[Sep 17, 2017]


Buying Facebook group for traffic by [Not Shown, Login to View]
[Sep 16, 2017]


MBE 104_7_Building a Forum. by [Not Shown, Login to View]
[Sep 16, 2017]


Web Design Review by [Not Shown, Login to View]
[Sep 14, 2017]


Blogspot Label or page? by [Not Shown, Login to View]
[Sep 13, 2017]


Adding HTML Code to Blogspot by [Not Shown, Login to View]
[Sep 13, 2017]


My traffic sources by [Not Shown, Login to View]
[Sep 13, 2017]


Google Keyword Tool Asking for card details by [Not Shown, Login to View]
[Sep 04, 2017]


Alternative way to buy a domain and host by [Not Shown, Login to View]
[Aug 28, 2017]


The number of times to post new content in a blog by [Not Shown, Login to View]
[Aug 27, 2017]


Problem on Adding widget to feedburner by [Not Shown, Login to View]
[Aug 27, 2017]


wer to get good website content by [Not Shown, Login to View]
[Aug 24, 2017]


Relevance of my blog name to making money by [Not Shown, Login to View]
[Aug 24, 2017]


INSECURE PASSWORD WARNING by [Not Shown, Login to View]
[Aug 23, 2017]

Author Topic: MoneyGram Nigeria set to open outbound money transfer  (Read 515 times)

0 Members and 1 Guest are viewing this topic.

Offline [Not Shown, Login to View]

  • Forum Guide
  • Level 4 (Dedicated)
  • ******
  • Posts: 1056
  • Respect: +267
  • Gender: Male
  • Location: Ibadan, Oyo State of Nigeria
  • 1st Chamber
  • My Rank: 86
MoneyGram Nigeria set to open outbound money transfer

Global money transfer firm, MoneyGram, plans to kick-start its outbound money transfer services from Nigeria to over 200 countries. There are indications this service will be live next week. This latest move by MoneyGram is aimed at alleviating the stress Nigerians face in sending funds abroad for family upkeep, schooling and other legally recognised developmental purposes. This will align Nigeria with the best-practice around the world, in line with the country’s standing as Africa’s largest economy.

Central Bank of Nigeria (CBN) recently licensed the three major money transfer organisations (MTOs) in Nigeria to engage in outbound service. MoneyGram thus becomes the second operator after Western Union to operate outbound money transfer services from Nigeria.

The MoneyGram outbound service, which will re-inforce the well-known MoneyGram “Receive and Send money in 10 minutes” brand promise, is expected to lead to greater convenience and ease as customers will be able to access in the majority of MG location, through their partner banks. MoneyGram is offered through respected financial institutions in Nigeria, such as Ecobank, UBA, First Bank, Access Bank, Sterling Bank, Fidelity Bank, Skye Bank, Keystone Bank, Enterprise Bank, Mainstreet Bank, Diamond Bank, and Wema Bank, among others.

A leading industry watcher noted that with over 10 million migrants resident in Nigeria and financial inclusion still below 50 percent, the move by the CBN to grant licence to MTOs to engage in outbound fund transfer service from the country was in the right direction.

He noted: “The CBN’s policy to allow outbound traffic by the key MTOs is good. It moves a huge chunk of transfers from this country into the formal sector, allowing the CBN to better track and report this traffic. In addition, the Federal Government will gain from VAT revenue it would have otherwise lost. In addition, customers no longer have to risk losing money by using shady characters for transfers.”

Source:  You are not allowed to view links. Register or Login


Knowledge Is Power – Seek For It

Offline [Not Shown, Login to View]

  • Level 3 (Regular)
  • ***
  • Posts: 216
  • Respect: +28
  • Gender: Male
  • Location: abuja
  • My Rank: 22
Nice one from Money Gram.
moving to greater height

Offline [Not Shown, Login to View]

  • Administrator
  • Level: Mentor
  • ******
  • Posts: 303816
  • Respect: +12017
  • Gender: Male
  • Location: Benin City
  • 34th Chamber
  • My Rank: 13
Now that Nigeria has become the number one economy in Africa, they can no longer ignore us so now they are all rushing to set up shop here.
Success is a state of the mind

 

Related Topics

  Subject / Started by Replies Last post
Transfer of blog from Blogspot to Wordpress

Started by [Not Shown, Login to View] General Questions

2 Replies
492 Views
Last post Apr 20, 2012
by [Not Shown, Login to View]
8 Replies
885 Views
Last post Apr 09, 2013
by [Not Shown, Login to View]
1 Replies
635 Views
Last post Jul 08, 2013
by [Not Shown, Login to View]
1 Replies
392 Views
Last post Nov 17, 2014
by [Not Shown, Login to View]
8 Replies
983 Views
Last post Apr 24, 2017
by [Not Shown, Login to View]

TinyPortal © 2005-2011
SimplePortal 2.3.5 © 2008-2012, SimplePortal