CBN licenses 11 new International Money Transfer Operators in Nigeria
The Central Bank of Nigeria, CBN, in a bid to make foreign exchange more available to low end users, has licensed 11 new International Money Transfer Operators, IMTOs, to operate in Nigeria. Disclosing this in a statement on Tuesday, the acting Spokesman of the apex bank, Isaac Okorafor, said CBN was committed to providing an enabling environment for international money transfer services in the country.