Global Business
A Simpler Way for Nigerian Businesses to Pay International Suppliers
Tunde O.·Last updated ·6 min read
Nigerian businesses pay suppliers abroad every day for inventory, machinery, and services. The friction is rarely the deal itself; it is FX, compliance, and slow settlement.
Raiz Business removes unnecessary layers: fund in Naira, lock a transparent rate, and pay suppliers in the US, Europe, China, and across Africa on the right local rail.
Why agent chains add cost
Each intermediary marks up FX and adds days. You may not see the full fee until your supplier confirms a short payment or your shipment slips because funds arrived late.
Corridors Nigerian businesses use most
China via AliPay and WeChat, the US via ACH, Europe via SEPA and GBP Faster Payments, and African suppliers via MoMo and local bank rails: all from one Raiz dashboard.
Getting your team onboard
Create a Business account, upload CAC and director ID, and invite finance users with role-based access. Most verified businesses send their first international payout within 24 hours.
Ready to Pay Your Supplier?
Join Nigerian businesses paying globally without agent markups.
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Tunde O.
Tunde writes about car import logistics and FX for Nigerian dealers. He has spent a decade in auto trade finance.
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