CBN aproves 11 money transfer operators

Central Bank of Nigeria, CBN, has announced new licences for 11 International Money Transfer Operators, IMTOs, including World Remit. Earlier, the CBN had alerted Nigerians to cease transacting money transfer businesses with unregistered money transfer operators. “This warning has become necessary because of the activities of some unregistered IMTOs, whose modes of operation are detrimental […]
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