AGENCY NEWS · BANKING · BRAND JOURNALISM · BRANDS · BRANDWEEK REPORT · COMMUNITY · WORLD POLITICS & REBRANDING

[BRANDWEEK] #BUSINESSREPORT: CBN LICENSES 11 NEW PRIVATE FOREX OPERATORS IN NIGERIA AMIDST BANK SUSPENSIONS.


​The Central Bank of Nigeria has licensed new International Money Transfer Operators to operate in Nigeria.

The Central Bank of Nigeria announced this yesterday in a statement by the acting Director of Corporate Communications, Isaac Okorafor.

The AgDG said it is in furtherance of efforts to liberalise the Foreign Exchange Market, ensure liquidity and make foreign exchange more readily available to low end users.

Okoroafor said in line with the existing Guidelines on International Money Transfer Services in Nigeria (2014), the following IMTOs are now licensed to operate in Nigeria: Trans-fast Remittance LLC, Worldremit Limited, UAE Exchange Centre LLC, Wari Limited, Homesend S.C.R.L, Small World Financial Services Group Limited, Weblink International Limited, Cashpot Limited, DT&T Corporation Limited, Fiem Group LLLC, DBA PING Express, and CP Express Limited.

The CBN also reiterated its commitment to providing an enabling environment for international money transfer services in Nigeria.

©thebrandradio 2016. All rights reserved.

One thought on “[BRANDWEEK] #BUSINESSREPORT: CBN LICENSES 11 NEW PRIVATE FOREX OPERATORS IN NIGERIA AMIDST BANK SUSPENSIONS.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s