Wednesday, August 31, 2016
CBN Issues License to 11 New International Money Transfer Operators (IMTOs).
The apex bank's Acting Director, Corporate Communications, Isaac Okorafor yesterday said the new entrants are joining Western Union, MoneyGram and Ria, which had been cleared by the central bank of Nigeria. The CBN wishes to state, unequivocally, that it has not foreclosed the licensing of interested players in the IMTO space in Nigeria.