• CBN warns against patronage of illegal money transfer operators

    CBN warns against patronage of illegal money transfer operators

    According to reports, the Central Bank of Nigeria on Tuesday again warned against the patronage of illegal money transfer operators stating that the development is undermining the efforts of the apex bank in sanitising the system.

    The bank in a statement issued by the Acting Director, Corporate Communications Department, Mr Isaac Okoroafor, said Nigerians in the Diaspora stand the risk of being defrauded by the illegal operators.

    The statement reads in part, “The attention of the Central Bank of Nigeria has been […]