Nigerian banks have started the implementation of CBN’s new requirements for international money transfer operation Based on the new rule, commercial banks are now...
Central Bank of Nigeria (CBN) has prohibited banks and financial technology companies (fintechs) from offering international money transfer services. This development is outlined in...
Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries,...
For centuries, there have been heated debates over the sources of economic growth in developing economies and why some countries reflect strong economic growth...
The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part of efforts to boost...