CBN issues new directives on Diaspora remittances
The Central Bank of Nigeria CBN) has issued fresh directives to International Money Transfer Operators (IMTOs) on foreign currency payment in cash to beneficiaries of Diaspora remittances. The fresh directives followed the new rules unveiled by the apex bank on Monday which allow beneficiaries of such remittances to collect the proceeds as cash in foreign … Continue reading CBN issues new directives on Diaspora remittances
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