Nigeria is one of the many African countries that have a significant diaspora population in Canada. With 111,465 Nigerians living in the country as at 2021, it is estimated that Nigerians make up about 23% of Africans living in Canada. Many Nigerians in Canada are skilled professionals working in

International remittances are the sending of money across borders, usually by migrants working abroad to their families and communities back home. These transfers play a crucial role in both sending and receiving countries, boosting their economic and social development as a critical aspect of global financial flows. How Are International

Now that the festive cheer of Christmas and new year is fading, the presents have been unwrapped, and a familiar chill hangs in the air, the dread of everyone that has spent so much of his or her resources enjoying the festivities – it's the January Blues! To break

For families around the world, the new year celebrations transcend the simple turning of a calendar page. It's a time for raucous merriment, quiet reflection, and shared hopes for the future. Yet, amidst the sparkling lights and festive cheers, lurks a hidden reality: for many families, the joyous

Across the globe, families are gearing up for the festive season, a time of joy, togetherness, and giving. But for many, especially those in developing countries, Christmas can also be a time of financial strain. This is where remittances, the money sent by migrants to their families back home, become

Many people the world over, who are interested in finance, economy and technology have probably heard of the term “blockchain” at one point in time or the other. Gradually, this technology is taking firm hold on the system of international remittance.  In this article, we shall be checking out what

The war in Ukraine has had a devastating impact on the country and the wider region. The conflict has caused a humanitarian crisis, with millions of people displaced from their homes and thousands killed.  The full-scale invasion of Ukraine by Russia began on February 24, 2022. As of today, December

Navigating the process of sending and receiving remittances can be a financial lifeline for many individuals worldwide. However, this crucial aspect of global transactions comes with its share of risks, ranging from fraud and high transaction costs to exchange rate fluctuations and concerns about financial security. To address these challenges,

Remittance services are quite important as they facilitate the transfer of funds from individuals working or living abroad back to their families or dependents in their home countries. These services play a crucial role in supporting the livelihoods of millions worldwide, particularly in developing economies. Remittances contribute to poverty reduction,

Remittances, or money sent home by migrant workers, have become a significant source of income for many developing countries. In 2022, remittances reached a record high of $621 billion, surpassing foreign direct investment (FDI). These funds play a vital role in poverty reduction, healthcare, education, and other essential services in

In todays world, basic human endeavours are now going digital. From art to financial transactions. Many are now relying on the prowess of high-level computing, artificial intelligence, machine learning and the internet. In this article, we shall be checking out the impact of digital technology on international remittances from Canada.

Canada has now become one of the leading destinations of the world with businesses and human resources pouring into the country day in, day out. With the impact of interconnectivity and globalisation, these businesses and individuals get to remit monies to various parts of the world for business or personal

International remittances have become a powerful force in today's interconnected world, not just supporting families but also influencing the entire nature of global education. These remittances have acted as a catalyst for more access, higher standards, and wider possibilities in education throughout the world in addition to transferring

International remittance companies are financial institutions or service providers that facilitate the transfer of money from one country to another, typically to family members, friends, or business partners in other countries. With regards to the world economy, these companies specialize in helping individuals and businesses send funds across borders, often

Organisations and individuals often deal with issues pertaining to international remittances. Whether you are sending money to your loved ones in abroad; or you are sending money to a business partner or for the acquisition of some goods or services across borders; all that will be only possible through international

The world is basically a global village and interconnectivity and interdependence is one of the reasons humans continue to thrive and survive on one of the hottest planets in our solar system. This interconnectivity and interdependence is facilitated by migration to and from different parts of the world depending on

Every Canadian knows for sure that the Canadian housing market is currently facing unprecedented challenges. Prices are soaring and there is dwindling affordability; and this mix is creating a barrier for many aspiring home-owners. If this persists, many would be homeless or may be forced to live in substandard houses

When sending money overseas, it's important to understand how currency exchange rates work. The exchange rate is the price of one currency in terms of another. So, if you're sending US dollars to India, you'll need to know how many Indian rupees you'

In today's fast-paced digital age, money transfer platforms have become a convenient and efficient way to send and receive funds globally;  for both business and personal needs. However, as the popularity of these platforms grows, so does the need for caution and vigilance as negligence could be the

Exchange rates play a fundamental role in the global money transfer market, affecting international trade, investments, tourism, and various other economic activities. These rates determine the value of one currency relative to another and are influenced by a myriad of factors, including economic indicators, geopolitical events, market sentiment, and central

Money transfer platforms have revolutionized the way people send and receive money across borders, providing individuals with the means to support their families, pursue education, and uplift their communities. In this article, we delve into inspiring stories that highlight the transformative impact of money transfers on people's lives.

Tired of tossing and turning all night? Dread waking up feeling like a sleep-deprived zombie? Fear not, my weary worker! I present to you a delightful arsenal of tactics to combat that pesky insomnia and restore peaceful slumber to your restless nights. 1. First up, embrace the power of routine.