The Central Bank of Nigeria (CBN) has granted approval in principle (AIP) to 14 new international money transfer operators (IMTOs). IMTOs carry out cross-border fund transfer services for individuals and
Tag "International money transfer operators"
The Central Bank of Nigeria (CBN) says it has collaborated with International Money Transfer Operators (IMTOs) to collectively commit to doubling remittance flows through formal channels into Nigeria. IMTOs accept
The Central Bank of Nigeria (CBN) has reviewed the policy guiding the activities of international money transfer operators (IMTOs). The guideline was first established in 2014. CBN, in a circular
The Central Bank of Nigeria (CBN) has removed the allowable limit of exchange rate quoted by the international money transfer operators (IMTOs). CBN disclosed this on Wednesday, in a circular
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