• NACCIMA commends CBN over additional licence for 11 IMTOs

    NACCIMA commends CBN over additional licence for 11 IMTOs

    National President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Bassey Edem, has commended the Central Bank of Nigeria (CBN) for licensing eleven additional international Money Transfer Operators (IMTOs) to operate in the country as part of efforts to liberalize the foreign exchange market, ensure liquidity and make foreign exchange more readily available to low end users.

    He said: “We believe that this policy decision is a step in the right direction in ensuring that remittances from […]