CBN Records $600m Remittance Inflow Through IMTOs Reforms

Central Bank of Nigeria (CBN) has announced that its recent reformation of the International Money Transfer Operators (IMTOs) segment of the financial sector has seen the inflow of remittances growing from $200 million to about $600 million within a six months period. “And happily, we’ve seen the results of that effort. I would say that [...]

Read More