Amidst Surge in P2P Cryptocurrency Transactions, CBN Licenses 10 More IMTOs to Boost Diaspora Remittance

As Nigeria’s economy spirals quarter-on-quarter into deeper dismay, the Central Bank of Nigeria (CBN) has been trying many policies to stop the plunge. The CBN has granted operating licenses to 10 additional international money transfer operators (IMTOs) as part of efforts to boost diaspora remittances. In March, the Apex bank introduced the ‘Naira 4 Dollar … Continue reading Amidst Surge in P2P Cryptocurrency Transactions, CBN Licenses 10 More IMTOs to Boost Diaspora Remittance