Lagos - Nigeria has been rated one of the most connected countries
in receiving and sending money.
Western Union, a global leader in global payment services,
said more than 195 countries and territories sent money into Nigeria, and 160
received money from Nigeria in 2015, reflecting the extraordinary global connections
brought about by the rise in migration of Nigerians to many parts of the world.
Regional Vice President of Western Union Africa, Aida Diarra
said, “It is an honor to have served Nigerians for the past 20 years and
connect them to and from nearly every corner of the world, moving the money
that funds education, healthcare, everyday living and the dreams and
aspirations of their families.”
Nigeria is the fifth largest remittance receiver globally,
according to the World Bank. Migration destinations have remained steady since
a decade ago, according to Western Union's own trend analysis.
Also read: Western Union introduces new online offering
The US, UK, Italy, Canada, Germany, Australia, France and
Netherlands continued to be the favorite destinations while United Arab
Emirates and Malaysia moved to the top 10, replacing Switzerland and Spain.
Diarra said the Nigerian spirit of hard work and resilience
could be found around the world across all economic spheres.
“Western Union recognizes that, at the start and end of
every transaction are two people, and they rely on each other, just as much
they rely on us to move their money reliably. It is this dual belonging that
remains at the heart of our innovation to make it easy for Nigerians to send or
receive money,” said Diarra.
Western Union’s channel diversification focus also allows
Nigerians to receive money into 2,2 million mobile wallets and into more than
50 million bank accounts.
More than 20 majority-owned Nigerian businesses form the
foundation of an Agent network that connects Nigerians no matter what distance
exists between them and the world.
– CAJ NewsFor
the latest on national news, politics, sport, entertainment and more follow us
on Twitter and like our Facebook page.
- CAJ News