CBN issues approval-in-principle to 14 IMTOs following licence application fee hike

The Central Bank of Nigeria (CBN) has granted preliminary approval to 14 new International Money Transfer Operators (IMTOs) to increase foreign-currency remittance inflows via official channels amid decreased diaspora remittances.

  Science/Technology   May 18, 2024   0   10  Add to Reading List
CBN issues approval-in-principle to 14 IMTOs following licence application fee hike
The Central Bank of Nigeria (CBN) has granted preliminary approval to 14 new International Money Transfer Operators (IMTOs) to increase foreign-currency remittance inflows via official channels amid decreased diaspora remittances.
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