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Seamless B2B Settlements in Nigeria (NGN)
Seamless B2B Settlements
in Nigeria (NGN)
Seamless B2B Settlements in Nigeria (NGN)
Eradicate correspondent banking delays and bypass capital bottlenecks.
Collect, settle, and disburse high-volume B2B payments natively in Nigerian Naira (NGN) with instant programmatic conversion to major global currencies.
Eradicate correspondent banking delays and bypass capital bottlenecks.
Collect, settle, and disburse high-volume B2B payments natively in Nigerian Naira (NGN) with instant programmatic conversion to major global currencies.
Why Damisa Beats SWIFT
Deep Local Integration. No Local Entity Required
Deep Local Integration.
No Local Entity Required
Deep Local Integration.
No Local Entity Required
Expanding your operations into Nigeria traditionally requires establishing a local corporate subsidiary to access domestic banking rails, a process fraught with regulatory friction, high overhead costs, and lengthy compliance delays.
Damisa bypasses this friction entirely.
We provide fully compliant, named NGN accounts securely linked to your existing international corporate entity. You gain direct access to local Nigerian clearing networks, allowing you to operate natively from your global headquarters without the operational burden of a local footprint.
Expanding your operations into Nigeria traditionally requires establishing a local corporate subsidiary to access domestic banking rails, a process fraught with regulatory friction, high overhead costs, and lengthy compliance delays.
Damisa bypasses this friction entirely.
We provide fully compliant, named NGN accounts securely linked to your existing international corporate entity. You gain direct access to local Nigerian clearing networks, allowing you to operate natively from your global headquarters without the operational burden of a local footprint.
Legacy Banking
Legacy Banking
Requires Local Entity
Requires Local Entity
Setup Nigerian Subsidiary
Est. 3 - 6 Months
Open Local Bank Account
Est. 4 - 8 Weeks
Swift Settlement Friction
T+3 Days per Tx
Time to Market
Time to Market
Time to Market
5+ Months
5+ Months
5+ Months
Damisa Infrastructure
Damisa Infrastructure
No Entity Required
No Entity Required
Your Global HQ (Existing Entity)
Day 1 Operations
Provisioned Named NGN Account
Instant Access via API
Local NIP Clearing Network
Millisecond Settlement
Time to Market
Time to Market
Time to Market
Immediate
Immediate
Immediate
The Capital Lifecycle
Complete NGN Capital Routing
Damisa's proprietary infrastructure handles the entire lifecycle of your capital locally, completely neutralising FX volatility and correspondent delays.
The Capital Lifecycle
Complete NGN Capital Routing
Damisa's proprietary infrastructure handles the entire lifecycle of your capital locally, completely neutralising FX volatility and correspondent delays.
The Capital Lifecycle
Complete NGN
Capital Routing
Damisa's proprietary infrastructure handles the entire lifecycle of your capital locally, completely neutralising FX volatility and correspondent delays.
Collect (Inbound NGN)
Deploy dedicated and Virtual IBANs directly in Nigeria.
Allow your local partners, clients, and subsidiaries to pay invoices in NGN via standard domestic bank transfers, entirely eliminating the friction of requiring them to source foreign exchange.
Settle (Instant Conversion)
Protect your treasury from local currency volatility.
Damisa automatically converts your inbound NGN collections into your master corporate balances (EUR, USD, GBP) at institutional execution rates, completely bypassing the opacity and delays of parallel FX markets.
Pay-Out (Outbound NGN)
Strengthen your local supply chain.
Fund your Damisa account in major Western fiat and execute high-volume batch disbursements to Nigerian vendors, suppliers, and remote teams natively in NGN. Funds clear locally in seconds, not days.
Collect (Inbound NGN)
Deploy dedicated and Virtual IBANs directly in Nigeria.
Allow your local partners, clients, and subsidiaries to pay invoices in NGN via standard domestic bank transfers, entirely eliminating the friction of requiring them to source foreign exchange.
Settle (Instant Conversion)
Protect your treasury from local currency volatility.
Damisa automatically converts your inbound NGN collections into your master corporate balances (EUR, USD, GBP) at institutional execution rates, completely bypassing the opacity and delays of parallel FX markets.
Pay-Out (Outbound NGN)
Strengthen your local supply chain.
Fund your Damisa account in major Western fiat and execute high-volume batch disbursements to Nigerian vendors, suppliers, and remote teams natively in NGN. Funds clear locally in seconds, not days.
Collect (Inbound NGN)
Deploy dedicated and Virtual IBANs directly in Nigeria.
Allow your local partners, clients, and subsidiaries to pay invoices in NGN via standard domestic bank transfers, entirely eliminating the friction of requiring them to source foreign exchange.
Settle (Instant Conversion)
Protect your treasury from local currency volatility.
Damisa automatically converts your inbound NGN collections into your master corporate balances (EUR, USD, GBP) at institutional execution rates, completely bypassing the opacity and delays of parallel FX markets.
Pay-Out (Outbound NGN)
Strengthen your local supply chain.
Fund your Damisa account in major Western fiat and execute high-volume batch disbursements to Nigerian vendors, suppliers, and remote teams natively in NGN. Funds clear locally in seconds, not days.
Network Architecture
Engineered for Nigerian Enterprise Trade
How Your Money Moves:
From Collection to Settlement
We provide the institutional-grade infrastructure necessary to collect, convert, and settle cross-border payments, all within a fully compliant, bank-grade environment.
No unnecessary operational or regulatory exposure.
Local Clearing Networks
Local Clearing Networks
Local Clearing Networks
Direct integration with Nigeria's domestic NIP (NIBSS Instant Payments) clearing rails for immediate domestic distribution.
Direct integration with Nigeria's domestic NIP (NIBSS Instant Payments) clearing rails for immediate domestic distribution.
Settlement Speed
Settlement Speed
Settlement Speed
Near-instant local distribution vs. traditional T+3 SWIFT timelines.
Near-instant local distribution vs. traditional T+3 SWIFT timelines.
API Capabilities
API Capabilities
API Capabilities
Programmatic NGN vIBAN generation and automated MT940 reconciliation.
Programmatic NGN vIBAN generation and automated MT940 reconciliation.
Account Ownership
Account Ownership
Account Ownership
Named accounts legally linked to your global entity; zero third-party holding risk.
Named accounts legally linked to your global entity; zero third-party holding risk.
Pan-African Reach
One Integration. Continental Scale.
One Integration.
Continental Scale.
Solving local liquidity in Nigeria is just the beginning.
Your Damisa NGN architecture instantly unlocks secure, native settlement corridors across 20+ African economies, with zero additional operational overhead.
General Solutions FAQ
Our Solutions
Frequently Asked Questions
Clear answers for complex treasury operations.
Do we need a registered business entity in Nigeria?
No. Damisa provides fully compliant, named NGN accounts legally linked to your existing international corporate entity.
Do we need a registered business entity in Nigeria?
No. Damisa provides fully compliant, named NGN accounts legally linked to your existing international corporate entity.
Can we convert large volumes of NGN to USD/EUR?
Yes. Damisa provides deep institutional liquidity, allowing you to convert high-volume local collections into major global fiat instantly.
Can we convert large volumes of NGN to USD/EUR?
Yes. Damisa provides deep institutional liquidity, allowing you to convert high-volume local collections into major global fiat instantly.
How fast are local disbursements?
Outbound NGN payments are routed via local clearing networks (NIP), ensuring funds land in minutes, not days.
How fast are local disbursements?
Outbound NGN payments are routed via local clearing networks (NIP), ensuring funds land in minutes, not days.
Ready to unblock your Nigerian capital flows?
Ready to unblock your Nigerian capital flows?
Discuss your NGN liquidity, settlement, and disbursement requirements with our emerging markets desk today.
Discuss your NGN liquidity, settlement, and disbursement requirements with our emerging markets desk today.
Unblock Today
Unblock Today
Financial infrastructure for global B2B settlements.
Command your multi-currency liquidity without correspondent banking friction.
Infrastructure
European Union Regulatory Disclosure: Damisa Technologies Europe sp. z o.o. is a Virtual Asset Service Provider (VASP) registered in the Polish VASP register maintained by the Tax Administration Chamber in Katowice under number RDWW-1839. The company has a fully paid-up share capital of PLN 20,000. Registered office: Zelazna 51/53, 00-841 Warsaw, Poland. Registered in the National Court Register (KRS) under number 0001088305 in the 14th Commercial Division of the District Court for the Capital City of Warsaw. NIP: 1182279131 | REGON: 527803277.
Australian Regulatory Disclosure: Damisa Technologies Pty Ltd (ACN 682 846 966) is registered in Australia with its registered office at 81-83 Campbell Street, Surry Hills, New South Wales, 2010. The company is registered with AUSTRAC as a provider of digital currency exchange services and as an independent remittance dealer on the AUSTRAC Remittance Sector Register.
Compliance & Contact: General inquiries: hello@damisa.xyz. Correspondence regarding complaints, personal data protection, or counteracting money laundering and terrorist financing can be sent to the company's mailing address or electronically to compliance@damisa.xyz.
Risk Warning: Digital assets are subject to market volatility and regulatory changes. The use of digital currency exchange services carries inherent risks. Damisa provides B2B financial infrastructure and does not offer consumer investment advice.
© 2026 Damisa Technologies. All rights reserved.
Financial infrastructure for global B2B settlements.
Command your multi-currency liquidity without correspondent banking friction.
Infrastructure
European Union Regulatory Disclosure: Damisa Technologies Europe sp. z o.o. is a Virtual Asset Service Provider (VASP) registered in the Polish VASP register maintained by the Tax Administration Chamber in Katowice under number RDWW-1839. The company has a fully paid-up share capital of PLN 20,000. Registered office: Zelazna 51/53, 00-841 Warsaw, Poland. Registered in the National Court Register (KRS) under number 0001088305 in the 14th Commercial Division of the District Court for the Capital City of Warsaw. NIP: 1182279131 | REGON: 527803277.
Australian Regulatory Disclosure: Damisa Technologies Pty Ltd (ACN 682 846 966) is registered in Australia with its registered office at 81-83 Campbell Street, Surry Hills, New South Wales, 2010. The company is registered with AUSTRAC as a provider of digital currency exchange services and as an independent remittance dealer on the AUSTRAC Remittance Sector Register.
Compliance & Contact: General inquiries: hello@damisa.xyz. Correspondence regarding complaints, personal data protection, or counteracting money laundering and terrorist financing can be sent to the company's mailing address or electronically to compliance@damisa.xyz.
Risk Warning: Digital assets are subject to market volatility and regulatory changes. The use of digital currency exchange services carries inherent risks. Damisa provides B2B financial infrastructure and does not offer consumer investment advice.
© 2026 Damisa Technologies. All rights reserved.
Financial infrastructure for global B2B settlements.
Command your multi-currency liquidity without correspondent banking friction.
Infrastructure
European Union Regulatory Disclosure: Damisa Technologies Europe sp. z o.o. is a Virtual Asset Service Provider (VASP) registered in the Polish VASP register maintained by the Tax Administration Chamber in Katowice under number RDWW-1839. The company has a fully paid-up share capital of PLN 20,000. Registered office: Zelazna 51/53, 00-841 Warsaw, Poland. Registered in the National Court Register (KRS) under number 0001088305 in the 14th Commercial Division of the District Court for the Capital City of Warsaw. NIP: 1182279131 | REGON: 527803277.
Australian Regulatory Disclosure: Damisa Technologies Pty Ltd (ACN 682 846 966) is registered in Australia with its registered office at 81-83 Campbell Street, Surry Hills, New South Wales, 2010. The company is registered with AUSTRAC as a provider of digital currency exchange services and as an independent remittance dealer on the AUSTRAC Remittance Sector Register.
Compliance & Contact: General inquiries: hello@damisa.xyz. Correspondence regarding complaints, personal data protection, or counteracting money laundering and terrorist financing can be sent to the company's mailing address or electronically to compliance@damisa.xyz.
Risk Warning: Digital assets are subject to market volatility and regulatory changes. The use of digital currency exchange services carries inherent risks. Damisa provides B2B financial infrastructure and does not offer consumer investment advice.
© 2026 Damisa Technologies. All rights reserved.