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Business

IMTOs secure CBN approval to trade on official market

In a bid to enhance local currency liquidity for the settlement of diaspora remittances, the Central Bank of Nigeria (CBN) has granted eligible international...
Business

CBN relaxes restrictions on FX rates quoted by IMTOs

The Central Bank of Nigeria (CBN) has removed the allowable limit of exchange rate quoted by the International Money Transfer Operators (IMTOs).The CBN’s Director...

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