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finance

A collection of 14 posts

How to Send Money Between the UK and Nigeria: What Works and What Doesn’t.

How to Send Money Between the UK and Nigeria: What Works and What Doesn’t.

For many Nigerians living in the UK, students, workers, and business owners, etc., sending money home is a regular part of life. It’s how families stay connected, businesses run, and dreams are supported from a distance. According to the World Bank, Nigeria was the top remittance-receiving country in Sub-Saharan

How To Send Money From Nigeria To China With AfriChange.

How To Send Money From Nigeria To China With AfriChange.

In 2024, the trade volume between Nigeria and China was over $20 billion (Twenty Billion). From phone accessories to heavy machinery, fabrics, furniture, and even education-related payments, the China corridor has become one of the most frequently used for Nigerian entrepreneurs, families, and students. While trade has been great, sending

What Is an IBAN and Why It Matters When Sending Money Abroad.

What Is an IBAN and Why It Matters When Sending Money Abroad.

Have you ever tried sending money abroad and got stuck at 'Please enter recipient’s IBAN?' You’re not alone. It’s one of those terms that sounds more complicated than it actually is, but it plays a major role in international transfers. If you send or receive

Africhange Launches CAD-KES Corridor

Africhange Launches CAD-KES Corridor

Africhange is excited to announce the launch of our new CAD-KES corridor, making it easier than ever to send money to Kenya from Canada. Sending money to loved ones in Africa and abroad can be a difficult and time-consuming process, often involving high fees and long wait times. But with

9 Money Transfer Scams to Watch Out For in 2023

9 Money Transfer Scams to Watch Out For in 2023

Money transfer scams have unfortunately become rampant over the years, despite regulators and remittance companies doing their best to protect users through education and enhanced security measures for remittors. One of the best ways to protect yourself from fraud and transfer scams is to know what forms they can come

5 Effective ways to send money to Africa

5 Effective ways to send money to Africa

New options of sending money globally, particularly in Africa where remittances play a crucial role in the economy and livelihoods of many, are constantly emerging. While these options may seem challenging to people without experience, with some practice, the process can easily and efficiently be completed. Here are 5 effective

Image showing the year 2023 replacing 2022

8 Financial New Year’s resolution for 2023

A new year signifies new beginnings, and one important area of your life to focus on is your finances. Additionally, a survey by Leger points to money being a major cause of concern for many including Canadians. By making financial resolutions and sticking to them, you can improve your financial

Money Talks with a Product Manager

Money Talks with a Product Manager

A perfect blend of family and work, building products gives Chisom cosmic joy, the kind that can only be topped by spending time with family. When it comes to money, she is enrapt. In her words. To make money, you need to provide value, except you are from a privileged

A picture describing the relationship between money and time

Money Talks With a Growth Marketer

“My monthly allowance in university was five thousand naira and I gave my girlfriend two thousand five hundred naira every month.” This is the unconventional conventional money talks with Africhange. Time is money, and each day we exist in a never ending loop of being more lucrative. To win the

Africhange Version 2 is LIVE

Africhange Version 2 is LIVE

You asked, and we delivered. It’s been almost two years since we launched Africhange web, and a year and two months since we rolled out the mobile version. Our commitment is that of improving our service and its value to you- our esteemed user. We pat our shoulders on

Settling in Canada in 7 steps

Settling in Canada in 7 steps

The Immigration and migration story is not novel to us. Far back to prehistoric times, homosapiens have always migrated from one place to another. And even though many of these migrations are fueled by numerous reasons like climate change, natural disasters, wars, and others, one primary motive for immigration is

Sending Money Home: How to Avoid Low Exchange Rates and Delayed Verification

Sending Money Home: How to Avoid Low Exchange Rates and Delayed Verification

The average Nigerian immigrant residing in Canada has a voluminous array of self justifications for leaving his country, one of which is earning in a higher stable currency and sending part of these earnings home to support their loved ones. Eloho Awelewa is no different. A seasoned and multi-faceted administrator,

FRAUD PREVENTION: HOW TO SECURE YOUR MOBILE BANKING APP IN 2022

FRAUD PREVENTION: HOW TO SECURE YOUR MOBILE BANKING APP IN 2022

Financial fraud occurs when a person intentionally uses deception to gain or obtain funds which they are not entitled to. This deceit can be in the form of a lie, false representation, exaggeration, omission, and other numerous forms. In Canada, a Nielsen IQ fraud survey by CPA conducted in 2022

How to choose an online money transfer platform

How to choose an online money transfer platform

If you are a regular user of online remittance platforms, chances are you have noticed that the range of remittance methods available for use has grown considerably over the last couple of years. With COVID-19 restricting travel and increasing the need for hygienic and contactless transactions, the amount of remittance