CBN Removes Exchange Rate Cap for International Money Transfer Operators
The Central Bank of Nigeria (CBN) has issued a new circular that removes the previous cap on exchange rates quoted ...
Tag: International Money Transfer Operators (IMTOs)
CBN issues warnings to IMTOs in Nigeria for selling Forex higher than 2.5%
...specifies consequences for non-compliance The Central Bank of Nigeria (CBN), in a significant development aimed at stopping forex arbitrage, has ...
