Join Nigerian Channel
To Start Earning High Interests On Your Money!
Nigerian Channel Loan Program
We pay our members interest rates ranging from 15% – 18% per year on the principal amount that you loaned to us.
Your actual interest rate will depend on the amount you loan us.
Send Money to Nigeria For FREE
No Fees for our Members
Send Any Amount
Note: You first need to complete your AML/KYC information before sending as per the Anti Money Laundering law (AML) and Know your Customer (KYC) government requirement.
Receive Funds In Nigeria In Just 1 - 2 Business Days!
The recipient of the funds can receive it directly in their bank account in Nigeria.
We offer sometimes instant transfers to all major banks In Nigeria. But we guarantee transfers in 1 -2 business days. Both you and the recipient will get notifications by email when the money is sent and received.
You can also withdraw your interest earned each month directly into your Nigerian bank account or into any person’s bank account you choose in Nigeria. Great way to send your interest earned each month to friends and family in Nigeria.
Nigerian Channel is a blockchain financial services company that has partnered with Micro finance banks, Financial institutions and licensed Remittance companies in Nigeria, to invest the loans we receive from our members and pass on the profit back to you in the form of high interest payments.
As well as seamlessly allow our members to send money to Nigeria for FREE.
Nigeria Channel also incubates projects that have the potential to benefit from blockchain technology.
Our Amazing Partners
Frequently Asked Questions
A blockchain financial services company. It uses Initial Loan Procurement (ILP) to borrow funds from our members (creditors) which is then invested with micro banks and other financial institutions to provide high interest rates payouts to our community members. Nigerian Channel’s ILP makes it possible for our members (creditors) to earn income generated from Nigerian Channel’s ecosystem and investments.
We also incubate and invest in high growth projects that have the potential to benefit from blockchain technology.
We are located in Los Angeles, California USA with roots in Lagos, Nigeria. Our teams of financial specialists and engineers have a diverse and multicultural background with over 47 years of combined experience in the industry.
Nigerian Channel: Enabling People To Grow Their Money Through Earning High Interests. Better Than You Will Get From Saving Your Money In Any Bank!
It is actually very simple. You loan us whatever amount you feel comfortable with. We pay you interest payments anywhere from 15 – 18% per month depending on the amount you loan to us.
For example, a $1,000 loan or its equivalent in Naira will be at a 15% interest rate while above $10,000 loan will garner you a whopping 18% interest rate.
You essentially become like the bank! Basically, receiving very high interest payments every month.
How Do I Participate in your Loan Program
– Create Account: Create your account with an e-mail and password.
– Submit Your Information: Submit your information and Bank Account address which you will use to receive your Interest each month.
– Pass ID Verification: Complete your KYC/AML info to pass ID verification.
– Enter your Loan Amount and Sign your Loan Agreement: Select the interest rate you will receive for your loan amount, then sign a digitalized loan agreement online.
– Fund your Loan: In Fiat Currency (USD or Naira) or using Cryptocurrency from your wallet.
– No refund will be made afterwards.
To send money to Nigeria for Free you must first sign up, fund your loan account, select bank deposit and enter the amount and you can send money to Nigeria for FREE while still earning interest on your loan with us.
All loan terms are for an initial 12 months period and it is automatically extended for an additional 12 months period except the member chooses to terminate it. Upon termination at the 12 month mark your principal loan balance will be returned to you along with any accrued interest payments pending in your account. Members will have a 30 day period on or around the 11 month mark to indicate their interest to continue or withdraw their principal loan amount.
Note: Members can withdraw any interest earned anytime they choose.
Unfortunately, you won’t be able to withdraw your principal prior to the expiration of your 12 month term. However, you can always withdraw your interest earned anytime you choose.
Additionally, we are currently in the process of creating a unique blockchain token to make your loans tradable. Your loan contracts and your tokens will both be recorded on the blockchain. This will enable members to be able to sell their loans to others if for whatever reason you wish to exit sooner.
Great question. We take all the risk and only work with reputable micro banks and financial institutions that are our partners. These partners only lend your money to individuals/employees in Nigeria that have secured jobs with multi-national companies, reputable private companies and government agencies. The reasons for this is we are able to auto debit their pay checks for repayment and place insurance on it just in case for some reason the employee gets fired/retrenched or drops dead.
So as you can see we are doing everything possible to protect your funds. But frankly, nothing is 100% guaranteed. You are loaning us money and it is in our best interest to protect your funds and ensure that you receive your high interest rate. We can only make revenue if you succeed.
You can contact us through our Contact form or by submitting a support ticket located on the footer of the site.
You can also call us at our U.S.A customer service number at (+1) 888-311-3350 Monday to Friday between the hours of 9am – 5pm PST.
We are located in Lekki Phase 1 Lagos, Nigeria and Los Angeles, California.
Yes, please click on the Affiliate link on the footer of the site to learn more about becoming an Affiliate and start receiving additional interest from everyone you refer to us.