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CBN holds talks with IMTOs to raise remittance inflows to $1bn monthly

October 26, 2024

CBN directs banks to load ATMs, warns against disbursing cash to naira hawkers

CBN directs banks to load ATMs, warns against disbursing cash to naira hawkers

Business

CBN: IMTOs identified charges, volatile FX rates as challenges faced in Nigeria

byBunmi Aduloju

May 21, 2024

'To boost liquidity' -- CBN directs banks to deposit excess FX to its branches

'To boost liquidity' -- CBN directs banks to deposit excess FX to its branches

CBN meets IMTOs, sets up task force to double remittance inflows

byBunmi Aduloju

April 20, 2024

Naira halts rally at parallel market, extends gains at official window

Naira halts rally at parallel market, extends gains at official window

Experts: CBN’s directive to IMTOs will temporarily stabilise FX rate — but shadow operators may emerge

February 19, 2024

Issa-Onilu: NPA charging import duties in naira will stabilise exchange rates

Issa-Onilu: NPA charging import duties in naira will stabilise exchange rates

Banks to pay IMTO dollar transactions in naira after CBN’s directive

February 13, 2024

CBN to banks: Accept old series, lower denominations of dollars

CBN to banks: Accept old series, lower denominations of dollars

Money transfer operators halt inbound FX transactions after CBN’s directive

February 9, 2024

Customs FX rate for import duties rises to N1,530/$ -- up by 6%

Customs FX rate for import duties rises to N1,530/$ -- up by 6%

N10m application fee, exclusion of banks… highlights of CBN guidelines for IMTOs

February 3, 2024

'To boost liquidity' -- CBN directs banks to deposit excess FX to its branches

'To boost liquidity' -- CBN directs banks to deposit excess FX to its branches

Business

CBN: No more exchange rate cap for money transfer operators

February 1, 2024

Report: Naira among 10 worst performing currencies globally due to economic challenges

Report: Naira among 10 worst performing currencies globally due to economic challenges

CBN: Nigerians can now collect diaspora remittances in naira

byWasilat Azeez

July 13, 2023

ABCON says naira now N980/$ at parallel market, cites dollar liquidity

ABCON says naira now N980/$ at parallel market, cites dollar liquidity

FULL LIST: CBN approves 10 additional IMTOs to boost diaspora remittances

byHaleem Olatunji

April 26, 2021

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