In furtherance of efforts of the Apex bank to liberalise the Foreign Exchange Market, ensure liquidity and make foreign exchange more readily available to low end users, the CBN has licensed 11 new International Money Transfer Operators (IMTOs) to operate in Nigeria.
The under listed are the newly Registered Operators
1. TRANS-FAST REMITTANCE LLC
2. WORLD REMIT LIMITED
3. UAE EXCHANGE CENTRE LLC
4. WARI LIMITED
5. HOMESEND S.C.R.L
6. SMALL WORLD FINANCIAL SERVICES GROUP LIMITED
7. WEBLINK INTERNATIONAL LIMITED
8. CASHPOT LIMITED
9. DT&T CORPORATION LIMITED
10. FIEM GROUP LLC DBA PING EXPRESS
11. CP EXPRESS LIMITED
The CBN wishes to reiterate its commitment to providing an enabling environment for international money transfer services in Nigeria.