international money transfer operators
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Nigeria CBN Opens Official Forex Window to IMTOs in Major Policy Shift
CBN allows eligible International Money Transfer Operators to trade forex on Nigeria's official window. The move aims to increase liquidity, streamline remittances, and stabilize exchange rates. IMTOs can now access the CBN window directly or through banks, with transactions priced at NAFEM...- Nigeria News
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- 2 min read
- cbn forex policy international money transfer operators nafem exchange rates nigerian remittance market
- Category: Business
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Business CBN Licenses 11 New International Money Transfer Operators [See LIST]
The Central Bank of Nigeria has licensed 11 new international money transfer operators in the country. The Acting Director, Corporate Communications, Isaac Okorafor said in a statement on Tuesday, that the apex bank took the decision to ensure liquidity and make foreign exchange more readily...- ProfRem
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