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Diaspora Remittances: Mobile Payments Operators request CBN to reconsider position

By Lydia Ngwakwe Lagos, Dec. 25, 2020 The Association of Licensed Mobile Payments Operators (ALMPO) has appealed to the Central Bank of Nigeria (CBN) to reconsider its position and re-allow Naira payments in cash into accounts or wallets. The ALMPO Chairman, Mr Jay Alabrabra, told the News Agency of Nigeria (NAN) in Lagos on Friday that the apex bank’s decision to restrict international remittances to USD payouts only was of great concern to Nigerians. “The CBN’s decision to restrict international remittances to USD payouts only is the overarching concern of everyone. “It certainly limits the number of Nigerian citizens that can conveniently access funds sent from the diaspora.

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