IMTOs secure CBN approval to trade on official market

In a bid to enhance local currency liquidity for the settlement of diaspora remittances, the Central Bank of Nigeria (CBN) has granted eligible international money transfer operators (IMTOs) access to naira liquidity at the official window. IMTOs are companies\service providers that facilitate cross-border money transfer services. The announcement was made by the apex bank in [...]The post IMTOs secure CBN approval to trade on official market appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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