BREAKING! CBN Licenses 11 Money Transfer Operators (See Full List)

The Central Bank of Nigeria (CBN) has announced new licences for 11 International Money Transfer Operators (IMTOs), including World Remit.

In furtherance of efforts to liberalise the Foreign Exchange Market, ensure liquidity and make foreign exchange more readily available to low end users.

In line with the existing Guidelines on International Money Transfer Services in Nigeria (2014), the following IMTOs are now licensed to operate in Nigeria:

BREAKING! CBN Licenses 11 Money Transfer Operators (See Full List)

The CBN also wishes to reiterate its commitment to providing an enabling environment for international money transfer services in Nigeria.

Source

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