Nairagram Joins Forces with Central Bank, Sebastian BDC, and Keystone Bank to Tackle Nigeria’s Forex Liquidity Crisis

In an effort to address Nigeria’s persistent foreign exchange liquidity crisis, Nairagram, a licensed International Money Transfer Operator, has announced a partnership with the Central Bank of Nigeria, Sebastian BDC, and Keystone Bank.

This strategic alliance aims to revolutionize international payments and enhance financial connectivity for Nigerians.

The collaboration, unveiled in a statement released on Tuesday, outlines Nairagram’s ambitious plan for an international payment service initiative.

This initiative promises to simplify and streamline the process of sending money from Nigeria to countries across the globe. The objective is to empower Nigerians financially and foster economic growth.

The statement from Nairagram read, “This new international payment service symbolizes Nairagram’s unwavering commitment to innovation that enables bonds of kinship, fosters community, and drives wealth creation through hassle-free remittance overseas.”

The service is set to facilitate seamless transfers to various African nations, including Ghana, Senegal, Gambia, Kenya, Ivory Coast, and more.

Beyond Africa, Nairagram plans to extend its services to the USA, UK, UAE, and Turkey in the coming months.

Olayemi Cardoso, the new Governor of the Central Bank of Nigeria, has expressed his commitment to addressing the forex crisis by prioritizing the clearance of the apex bank’s unsettled foreign exchange obligations.

Nairagram’s partnership with the Central Bank, Sebastian BDC, and Keystone Bank represents a significant step forward in providing innovative and seamless financial solutions tailored to the unique needs of Nigerians.

This collaboration holds the promise of revitalizing the money transfer industry, both domestically and internationally, ultimately contributing to Nigeria’s economic development and financial inclusion.