Tag: IMTOs Naira
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CBN issues IMTOs Naira access to help boost remittances
The Central Bank of Nigeria (CBN), on Monday, issued new measures it is currently putting in place, to boost naira liquidity and raise diaspora remittances. According to its latest circular, the apex bank said eligible International Money Transfer Operators (IMTOs), will now have access to naira liquidity through the bank’s window. This initiative is designed…