CBN partners with IMTOs to double Nigeria's remittance flow and report directly to Governor Olayemi Cardoso.
The Central Bank of Nigeria (CBN) has partnered with International Money Transfer Organisations (IMTOs) to double the flow of remittances into Nigeria, aiming to improve foreign exchange market dynamics. The task force handling remittance inflows will report directly to CBN Governor Olayemi Cardoso. Cardoso also stated the naira is the best-performing global currency as of April 2024.
April 20, 2024
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