Abuja – The Central Bank of Nigeria (CBN) says receiving international money transfers in foreign currencies by Nigerians is detrimental to the Naira. Ms Ozemena Nnaji, Director, Trade and Exchange in the apex bank, told the House of Representatives Committees on Diaspora, Banking and
The Association of licensed BDCs. Operators of Nigeria (ABCON) has said that no less than 3114 of its members have been cleared by the Central Bank of Nigeria (CBN), in an effort to begin collection of the proceeds of International Money Transfers Operators (IMTSO). Earlier, the CBN had granted approval to authorised dealers who are […]