Why Central Bank of Nigeria Asked Banks To Close Naira Accounts of Money Transfer Operators

In the last few hours, I have received questions on why the Central Bank of Nigeria (CBN) asked banks to close the naira accounts of money transfer operators (IMTOs, international money transfer operators) in Nigeria. As an investor in a new startup, M-Naira, which holds the trademark for mNaira , m-naira and similar, in Nigeria, … Continue reading Why Central Bank of Nigeria Asked Banks To Close Naira Accounts of Money Transfer Operators