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IMTOs to pay out proceeds using I&E window rate –CBN – The Sun Nigeria

IMTOs to pay out proceeds using I&E window rate –CBN – The Sun Nigeria
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Nigerians can now collect disapora remittances in naira, says CBN

The Central Bank of Nigeria (CBN) has declared the inclusion of the naira, the country's legal tender, as a payout option for diaspora remittances.

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CBN: Nigerians can now collect diaspora remittances in naira

The Central Bank of Nigeria (CBN) has announced the inclusion of the naira, the country’s legal tender, as a payout option for diaspora remittances.

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CBN directs payment of dollar receipts in naira

July 13, 2023. Azonuchechi Chukwu. From the Central Bank of Nigeria (CBN) yesterday came a directive to International Money Transfer Operators (IMTOs): pay dollars received through Diaspora remittances to domestic beneficiaries in naira. A circular to banks, IMTOs and the public by CBN Director, Trade and Exchange Department, O.S Nnaji, listed 62 approved IMTOs to |

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CBN directs payment of dollar receipts in naira | The Nation Newspaper

CBN directs payment of dollar receipts in naira | The Nation Newspaper
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