Fidelity bank banner Newsexpress banner Okowa 2019 gubernatorial campaign Camano banner
CBN licenses 11 new International Money Transfer Operators (IMTOs)

By News Express on 30/08/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,068

The Central Bank of Nigeria (CBN) has licensed eleven more International Money Transfer Operators (IMTOs) to operate in the country.

CBN Ag. Director, Corporate Communications, Isaac Okorafor, said this evening that this is “in furtherance of efforts to liberalise the Foreign Exchange Market, ensure liquidity and make foreign exchange more readily available to low end users.”
Okorafor said in a statement issued in Abuja that in line with the existing Guidelines on International Money Transfer Services in Nigeria (2014), the following IMTOs are now licensed to operate in the country:
1. Trans-Fast Remittance LLC
2. WorldRemit Limited
3. UAE Exchange Centre LLC
4. Wari Limited
5. Homesend S.C.R.L
6. Small World Financial Services Group Limited
7. Weblink International Limited
8. Cashpot Limited
9. DT&T Corporation Limited
10. Fiem Group LLC DBA Ping Express
11. CP Express Limited
The CBN in the statement reiterated its commitment to providing an enabling environment for international money transfer services in Nigeria.
•Photo shows CBN Governor Godwin Emefiele.

Source News Express

Posted 30/08/2016 10:06:29 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+




You may also like...
Ambode flags off Ibeju-Lekki electrification project

Air Force blasts Sambisa fuel-ammunition dump

Hijab Crisis: UI International School reopens; Management sues...

I am not new in the movie industry:...

Jega clears the air on card readers

Ebonyi bans herdsmen from entering Ivo after machete...

Ethiopians sweep top prizes in Lagos marathon

Ezinne Dorothy Osamgbi for burial

Women societies demand total restructuring of Nigeria

FG promises to compensate victims of Katsina flood...

Buhari vs. Abubakar: Analysts predict likely winner of...

Asaba International Airport to airlift pilgrims to the...


Latest News Buhari floors Atiku in Adamawa and in Obasanjo’s polling unit Boko Haram stops Governor from voting Drama as officials arrive at polling unit in Abuja with thumb-printed ballot papers Ballot boxes set ablaze in Lagos Political thugs kill 2 brothers, cousin in Rivers INEC extends polling by lost hours Woman stabbed in fight at polling unit in Osun state Card reader fails to accredit Agbaje Onitsha school principal speaks on student stoned to death by classmate Police confirm killing of voter in Kogi Jos voters arrive polling units early with chairs, food INEC ad-hoc staff desert polling centre in Ibadan


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (452,404 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (405,895 views) Shameless Genevieve Nnaji exposes breasts in public (340,919 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (292,737 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (257,413 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (234,234 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (219,413 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (201,077 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (188,632 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (174,995 views) Lagos plane crash: Journalist releases victims’ names (173,196 views) 10 cars more expensive than Jets (168,641 views)


NLNG call for entries

CBN banner


Categories Advertorials (3) African Press Organisation (81) Art & Literature (81) Business & Economy (4,033) Business Verdict (58) Columnists (999) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (592) Features (716) Global Business Monitor (326) ICT Monitor (13) International (3,116) Interview (173) Live Commentary (28) Love Matters (152) Maggie's Blog (159) News (43,411) Opinion (1,197) Pidgin (17) Politics (9,635) Religion (952) Sports (1,900) Stock Watch (37) AMA & Al Jazeera Global Update





APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera