First it was reintroduction of paypal, and now Nigerians can send money abroad via Western Union. See details:

THE Central Bank of Nigeria (CBN) yesterday launched the first international outbound money transfer channel which will allow transfer of funds overseas from Nigeria using the Naira currency instead of the Dollar or other foreign exchange denominations.

Following this initiative, an opportunity has also been provided for people without bank accounts to transfer funds overseas to either wards or dependants as they can now do so with the more than 500 Western Union agents and accredited Bureaux de Change across Nigeria.

For now however, transfers up to the limit of the equivalent of $2000 only is allowed as the apex bank said it needs to gauge the mode and reasons for transfers.

http://www.nigerianbulletin.com/threads/nigerians-can-now-send-money-abroad-in-naira.88592/

A wecome development I'll say. Share your opinions

Welcome Development. I hope these will have a postive relation to our currency and its rate of exchange.

Let the baiting begin

Wow, what a welcome development. Nigeria is Blazing!!! Kudos to the CBN and all those that made this possible

This is long overdue. I wonder why it was ever restricted to within Nigeria only

leunamme93: ,

Se.un your attention is needed

interesting ...

dis is rubbish, until he removes the N65 on ATM transactions.

Nope. We don't wanna send...
We only wanna be receiving...

Anoda way looters will send out money

Fantastic though

first it was arik air flying to dubai so PEJ can continue laundering her millions and more politicians will continue blossoming in their drug business. Now its Westi, another money laundering pattern. Do our western brothers know Nigeria will break up in 2015?

barcanista: Se.un your attention is needed

bro why d quote na?

leunamme93: bro why d quote na?

You de waste space na

suwailad: first it was arik air flying to dubai so PEJ can continue laundering her millions and more politicians will continue blossoming in their drug business. Now its Westi, another money laundering pattern. Do our western brothers know Nigeria will break up in 2015?

what do u really want for Nigeria since u virtually complain of everything the government does

suwailad: first it was arik air flying to dubai so PEJ can continue laundering her millions and more politicians will continue blossoming in their drug business. Now its Westi, another money laundering pattern.Do our western brothers know Nigeria will break up in 2015?

Na U wan break am up?

They are no longer making profit. Bullshit!

They are no longer making profit since they stopped collection of WU. Bullshit!

Open verdict on this one.

barcanista: You de waste space na

I only reserved my comment.

Just booking space incase it made the almighty frontpage

nyt3237: This is long overdue. I wonder why it was ever restricted to within Nigeria only

Money laundering