Nigeria’s Global Strength: How Digital Payments Empower a Growing Diaspora
A growing global community, driving change
Nigeria’s diaspora is one of the largest and most vibrant in the world. From London to Lagos, New York to Abuja, Nigerians abroad play a critical role in fueling growth back home—through business, education, and, importantly, remittances. In 2024, remittances to Nigeria were about four times the value of Foreign Direct Investment (FDI) into the country. Nairametrics
Remittances remain a vital lifeline for families and local economies, providing everyday essentials and enabling opportunity. And today, digital payments are transforming how this support is sent: fast, safe, and affordable.
Strong growth in 2025
At Paysend, we are committed to breaking barriers and bringing simple money transfer to all, including the underserved communities. Nigeria is a priority for us, and over the past year, we’ve seen remarkable growth in money transfers to the country.
Our volumes have grown steadily throughout 2025 and are significantly higher than at the start of the year, reflecting consistent adoption and trust. This upward trend reflects a growing preference for digital, instant* transfers, and demonstrates the continued trust Nigerians place in Paysend.
Empowering every transfer
Behind every number is a story: a student supporting parents, a worker funding a business, a family sharing love across continents.
Paysend makes each of these moments possible with:
- Fast, reliable transfers
- Bank-level security that protects every transaction
- Transparent exchange rates with no hidden fees
For the Nigerian diaspora, sending money isn’t just a transaction – it’s a connection, a commitment, and a way to keep independence alive every day.
Celebrating Nigeria, connecting the world
With Paysend, Nigerians around the world can continue to build, give, and grow, powering a future that’s as bold and dynamic as the country itself.
* We’ll send your money in real-time, but it could take up to 3 business days depending on your recipient’s bank processing time.
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In this guide, we explain how to send money to China using UnionPay, why direct-to-card transfers may be the preferred method over traditional bank transfers, how the limited-time fee-free offer works, and what information you need to complete a transfer.
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