₦airaland Forum

I read a piece of news recently about several Fintech positioning themselves as intermediaries of FX from Nigerians in the diaspora. Yes, that’s exactly what is happening. Let's take Canada for example, 90% of Forex remittance from Nigerians hustling in this country is being controlled by Africhange and Lemfi. And what is the architecture of their solution? Sending money here in Canada is mostly by interac email transfer. In other words, you send money from one account to another using your registered email. Hence, this fintech has app designed to link your registered interac email with their app and once you transfer from this email to their email address, your app is automatically credited with the amount transferred. With the money on your app, you can then remit to Nigeria in naira using the exchange rate arbitrarily arrived at by these fintechs. Such remittance will be settled via third-party fintech like Paga or MFB. My question and basis of argument here is why is it hard for Nigerian banks to tap into this flexible remittance model? Why is it hard for these banks to design diaspora banking that is tailored to the needs of major bases of Nigerian diaspora like UK & Europe, USA, and Canada? Until these initiatives are taken by banks, diaspora remittance will continue to be an exclusive of FINTECHs.

It's still 6:08pm here. Please what's good about the new year?

A court can reserve judgment by giving its decision at a later date in writing, after the trial or hearing (as opposed to an ex tempore judgment which is given by the judge orally straight after the hearing or trial). At the end of the hearing the judge will usually state that judgment is being reserved and will then later circulate a draft written judgment to the parties. This practice originated in the Court of Appeal, and it is common there and also in the High Court. Where judgment is to be reserved, the judge may, at the conclusion of the hearing, invite the parties’ legal representatives’ views about the arrangements made for the handing down of the judgment (CPR PD 40E, para 2.1). The draft judgment will be provided to the parties’ legal representatives by 4 pm on the second working day before it is formally handed down, or otherwise as directed by the court (CPR PD 40E, para

Justice for the stolen and restore breast!

Two weeks in Canada, I have not experienced anything but love, openess and willingness to help.

Hello house. I need a reviewer for my SOP/LOE for study permit. Thank you

One apostle will be saying that God is fighting his battle

Still on WLU and PGWP...

SandyDandy:
Congratulations dear. May God be praise please when did you apply? My husband applied first week of February but he is still waiting for Admission

Applied almost the same time.

Wilfried Laurier M.A admission offer just dropped to my inbox with a TA funding of 4,860 per term while the tuition fee is 6,885 per term. On a bright side, the school also offers tuition payment in installments

Vousmevoyez:
I applied to McMaster. Anxiously waiting for the admission decision, it's driving me crazy

I sent a mail to the school of recent. Kindly find their reply below

Hello, I applied to the school as well via their Nigerian agent. Can we connect?

Mofolam:
Any msvu Halifax September intake in the house ?

Hello house. Is there any graduate studies applicant (Fall 2023 intake) to McMaster University or Simon Fraser University in the house? Kindly let us connect as we await admission decisions

Nairaland does not have API to extract data for research. Seun, Kindly look into this!

They are staff of a company engaged by INEC

Congratulations to the pacesetter

Good day all. Following and learning valuable lessons while waiting for LOA. I submitted graduate school applications to four different Canadian Universities for September 2023 intake. And for now, I carried the Sun within me and I am oozing nothing but optimism.

Want a balance of power in Europe? Rearm Germany!

A straight line

Where is MURIC? We cannot fast for 30 days and celebrate sallah for just one day

Ad astra

Mr Femi, even a yoruba adage espoused the view of Mr Obi by saying that ' omo taako lo ma gbele ta ko ta'.
The strength of the country is in her population. Hence, building these selective infrastructures without investing in the people will only provide a palliative fix rather than a sustainable leap for our economy.

Did anybody calculate the trajectory of his hand in the second picture

My own was approved last week and I spent a total of 19k. 1k for name reservation and 18k for the main registration

There is nothing 'emirate' about the generic bad governance standing against our progress as a nation.

Ilorin people we should not allow massive deployment of police around strategic areas in the city to deter us. Let have a rendezvous place for the protest... we must not be left out...

Kindly provide the cost implication of clearing 2009 Toyota matrix. Thanks

Some did star Trek, you did buhari trek and now your trekking mechanism is about to be wrecked. Are we suppose to give a heck?

I have been hearing gunshots and unconfirm report has
It that ShopRite has been attacked by these bike-rifing hoodlums who got their inspiration from the happenings in Lagos

Kindly tell me