Tuesday, 18th January 2022
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IMTO

7 Dec 2020
Domiciliary accounts and remittances have emerged as twin touchy issues in the management of Nigeria’s foreign exchange market (forex). And for many years, the obvious gray areas in the administration...
3 Dec 2020
The Central Bank of Nigeria (CBN) has issued fresh guidelines on the management and payment of diaspora remittances to recipients, mandating the international money transfer operator (IMTO) to ensure that transfer funds are deposited in “the agent bank’s correspondent account”.
22 Feb 2019
Wi-Pay Technologies has successfully tested its online platform and soon to launch international digital money transfer services. It will be recalled that Wi-Pay Global (the sister company of Wi-Pay Technologies) was granted an international Money Transfer Operator (IMTO) license by the Central Bank of Nigeria (CBN) in November 2016. Over that period the company has…
30 Jan 2019
The operators of Boudreaux De Change (BDCs), in the country have appealed to the Central Bank of Nigeria (CBN), to restore its self-regulatory status to ensure effective coordination of the over 4,500 members.
11 Dec 2017
Aminu Gwadabe is the President of Association of Bureau De Change Operators of Nigeria. He has remained outspoken and passionate about the role of his members in bringing exchange rate to convergence.

Latest

5 mins ago
Nigeria’s Vice President Yemi Osinbajo, Senate President Ahmad Lawan, and Chief Justice of Nigeria Ibrahim Tanko Muhammad will be special guests at the Justice Sector Summit 2022 scheduled to hold in Abuja on January 25. Others expected as special guests at Justice Sector Summit 2022 are Rt. Hon. Femi Gbajabiamila, Speaker of Nigeria’s House of…
49 mins ago
UK Prime Minister Boris Johnson on Tuesday "categorically" denied claims by his former chief aide that he lied to parliament about a Downing Street party held during a strict lockdown.
54 mins ago
Everton announced on Tuesday they had appointed Duncan Ferguson as caretaker manager for the second time following the sacking of Rafael Benitez.
59 mins ago
Arsenal's Bosnia and Herzegovina defender Sead Kolasinac has joined Marseille on an 18-month deal, the French club announced on Tuesday.
1 hour ago
Senegal was held 0-0 by minnows Malawi in Bafoussam on Tuesday despite the return of stars Edouard Mendy, Kalidou Koulibaly and Idrissa Gueye, but still won Group B at the Africa Cup of Nations.