Naira Diaspora Remittances

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Why CBN Fixed $1m As Capital Requirements For International Money Transfer Operators

Central Bank of Nigeria (CBN) has set the bar high for International Money Transfer Operators (IMTOs) with a fixed minimum share capital requirement of $1 million.

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

International Money Transfer Operators (IMTO) have been directed by the Central Bank of Nigeria (CBN) to add naira and eNaira payout to diaspora remittances. In a circular released on Wednesday, titled; Payout

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Naira Diaspora Remittances

Why CBN Fixed $1m As Capital Requirements For International Money Transfer Operators

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Featured Stories

Dangote Refinery: From Production Delays To Threat Of Sale

Nigeria To Repay $30bn For $2.5bn IMF Loan – See Why And How

Minister Wades Into Dangote, NMDPRA Boss Fuel Dispute

Nigeria Spends More On Debt Servicing Than Capital Expenditure, Personnel Costs In Q1

Latest News

Nationwide Protest: foreign mercenaries Involved – IGP

Airfare Hike Looms As NAMA Increases Charges By 800%

Innovative Opening Ceremony of 33rd Olympics

Ohanaeze Mourns Iwuanyanwu, Says He Made Selfless Sacrifice

APC Campaign Council

Categories

Suggestions

Naira Diaspora Remittances

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories