Remittances: CBN releases list of 48 approved money transfer operators

March 22, 2021
26 Views

The Central Bank of Nigeria (CBN) has published a list of 48 international money transfer operators (IMTOs) approved for diaspora remittances.

The bank had earlier introduced a “Naira 4 Dollar Scheme”, an incentive that pays naira to senders and recipients of international money transfers.

The incentive will see that the recipients of diaspora remittances are paid N5 for every $1 received from outside the country.

The incentive will be enjoyed if remittances come in through IMTOs approved by CBN. The bank, on Monday, published the list of the IMTOs.

They are as follows: Aftab Currency Exchange Limited, Azimo Limited, Belyfted Limited, Caperemit Uk Limited, Cashpot Limited, Centrexcard Limited, Chime Inc.

Others are: Colony Capital Limited, Cp Express Limited, Dt&T Corporation Limited, Etranzact Limited, Fiem Group Llc Dba Ping Express, First Apple Inc., Flutterwave Technology Solutions Limited among others.

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

We Have Not Had Water Supply In Months ― Abeokuta Residents

In spite of the huge investment in the water sector by the government and international organisations, water scarcity has grown to become a perennial nightmare for residents of Abeokuta, the Ogun State capital. This report x-rays the lives and experiences of residents in getting clean, potable and affordable water amidst the surge of COVID-19 cases in the state. CBN releases list of 48

Selfies, video calls and Chinese documentaries: The things you’ll meet onboard LagosIbadan train

The Lagos-Ibadan railway was inaugurated recently for a full paid operation by the Nigerian Railway Corporation after about a year of free test-run. Our reporter joined the train to and fro Lagos from Ibadan and tells his experience in this report…CBN releases list of 48

[ICYMI] Lekki Shootings: Why We Lied About Our Presence — General Taiwo

The Lagos State Judicial Panel of Inquiry probing the killings at Lekki Toll Gate, on Saturday resumed viewing of the 24hrs footage of the October 20, 2020 shooting of #EndSARS protesters by personnel of the Nigerian Army

You may be interested

I Want To Employ Someone That Will Be In Charge Of Greeting People On My Behalf – Timaya
News
3 views
News
3 views

I Want To Employ Someone That Will Be In Charge Of Greeting People On My Behalf – Timaya

Webby - July 6, 2022

Timaya Popular Nigerian dancehall singer, Timaya has announced a special job opportunity for interested applicants.Taking to his Twitter handle, the…

No One May Believe In You But Don’t Give Up – Nigerian Pastor Writes As He Shares Photos From His Humble Beginnings
News
5 views
News
5 views

No One May Believe In You But Don’t Give Up – Nigerian Pastor Writes As He Shares Photos From His Humble Beginnings

Webby - July 6, 2022

Ab Isong An Akwa Ibom-based pastor, Ab Isong, has taken to social media to encourage people to be consistent and…

My Opponents Paying People To Malign Me, Infiltrate My Supporters – Peter Obi
News
1 views
News
1 views

My Opponents Paying People To Malign Me, Infiltrate My Supporters – Peter Obi

Webby - July 6, 2022

Presidential candidate of the Labour Party, Peter Obi has disagreed with people claiming his supporters are extreme with their views.…

Leave a Comment

Your email address will not be published.