What is the status of Payoneer in Nigeria?

Payoneer is a financial services company that provides online money transfer and digital payment services. In Nigeria, Payoneer is widely used by freelancers, online marketers, and businesses for international transactions. It’s a popular choice due to its relatively low transaction fees, ease of use, and the ability to receive payments in multiple currencies. However, it’s important to note that the Central Bank of Nigeria (CBN) has imposed some restrictions on foreign transactions, which may affect the functionality of Payoneer in Nigeria. Therefore, it’s advisable to stay updated with the latest regulations from the CBN.