• CBN licenses 11 new IMTOs

    CBN licenses 11 new IMTOs

    The Central Bank of Nigeria (CBN) on Tuesday licensed 11 new International Money Transfer Operators (IMTOS) to operate in the country.

    According to its acting Director of Corporate Communications,  Mr Isaac Okorafor, the new IMTOS  are Trans-Fast Remmitance LLC, WorldRemit Limited, UAE Exchange Centre LLC; Wari Limited and HomeSend SCRL. Others are Small World Financial Services Group;Weblink International Limited and Cashpot Limited. The rest are DT&T Corporation Limited; Fiem Group LLC DBA Ping  Express andCP Express Limited.

    Okorafor explained in a statement […]