The Central Bank of Nigeria has revealed a 63.7% per cent increase inflows from international money transfer operators for the first nine months of 2024. According to the latest quarterly statistical bulletin, remittances rose from $2.33 billion during the same…
A Central Bank of Nigeria (CBN) licensed International Money Transfer Operator (IMTO), MoMo Payment Service Bank (MoMo PSB) have announced their strategic partnership to facilitate seamless inbound and outbound transfers across Africa, as well as convenient bill payment services. The…
By Kayode Tokede The Central Bank of Nigeria (CBN) has approved 10 new International Money Transfer Operators (IMTOs) in the country. The move by the apex bank is to boost Diaspora remittance and improve foreign exchange liquidity in the country.…
