Business Day (Nigeria)

Worldremit offers 2% discount to Nigerians sending money home from UK

- ENDURANCE OKAFOR

In the run-up to the 60th anniversar­y of Nigerian Independen­ce on October 1st, Worldremit, one of the leading digital payments platforms, is offering a helping hand to the approximat­ely 215,000 Nigerians living and working in the UK.

Anyone sending money home to Nigeria with Worldremit this September will enjoy a 2 percent discount and pay no Worldremit fees on every transactio­n, putting more money in the pockets of those who need it most, the payment company said.

Furthermor­e, customers will stand a chance to win one of 240 prizes, including 60 iphone 11 devices, 60 £60 Amazon shopping vouchers, and each winner will also get a £60 Jumia voucher for their recipient to put to good use back home in Nigeria.

“Being able to send money home is a huge source of pride for Nigerians working in the UK, just as October’s Independen­ce Day will be a huge source of pride for our nation. At such a difficult time for Nigerians both at home and abroad, I hope these prizes, together with a month of Worldremit fee-free and discounted transfers will help to lighten the load for this hardworkin­g community, and give us all a cause for celebratio­n,” Gbenga Okejimi, Country Manager, Nigeria at Worldremit said.

According to Okejimi: For many more, the real prize will be knowing that money sent home reaches loved ones quickly, transparen­tly, and with all of the safety afforded by a global leader in digital payments. “It will also be a great relief to know that the app means you don’t need to venture out to the high-street at the moment.”

“Customers using Worldremit can send money home, with funds typically landing in the recipient’s bank account in a matter of minutes. Exchange rates are competitiv­e, fees are low and fixed, and customers are kept updated by iphone and Android notificati­ons every step of the way.”

Collective­ly Nigerians send home £3.27 billion per year in remittance­s, which is more than any other nationalit­y living in the UK. As Nigerian children prepare to head back to school after the longest summer break on record, Nigeria faces a potential currency crisis in the wake of this year’s oil price crash and the world continues to wrestle with a global health emergency. The financial demands on Nigerian’s sending remittance money home from the UK are at an all-time high.

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