Nairagram, a licensed International Money Transfer Operator, has announced a strategic partnership with the Central Bank of Nigeria, Sebastian BDC, and Keystone Bank, aimed at addressing the ongoing foreign exchange liquidity crisis in Nigeria.

The collaboration seeks to simplify and enhance the process of sending money from Nigeria to global destinations, ultimately promoting financial empowerment for Nigerians.

In a statement released by Nairagram, the company expressed its commitment to fostering financial connectivity and innovation in collaboration with key stakeholders.

The international payment service initiative is set to enable seamless transfers from Nigeria to numerous countries, including Ghana, Senegal, Gambia, Kenya, Cameroon, Ivory Coast, Mozambique, Tanzania, Uganda, Zambia, Zimbabwe, Guinea Conakry, Rwanda, Congo DRC, Burkina Faso, Mali, Benin, Togo, Gabon, Ethiopia, and more.

ALSO READ: CBN report warns of financial stability threat from eNaira

Nairagram’s international payment service aims to provide a direct and reliable link between senders and recipients, facilitating positive impacts across borders.

This expansion, done in partnership with the Central Bank of Nigeria, marks a significant stride in Nairagram’s mission to deliver innovative and hassle-free financial solutions tailored to the specific needs of Nigerians.

The company also revealed plans to extend the service to the United States, United Kingdom, United Arab Emirates, and Turkey in the coming months, demonstrating a commitment to offer global accessibility to its users.