The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries. It has also directed that the Investors and Exporters’ (I&E) window foreign exchange rate should be used in determining the exchange rate for Naira pay-outs. READ ALSO: BREAKING: Release Or Charge Emefiele Within One Week, Court Orders DSS How Thunderstorm Struck, ‘Killed’ 3 Suspected Kidnappers In Nigeria ‘How Govt, Businesses, Nigerians Can Create Wealth, Avoid Financial Crises’ I’d Have Committed Suicide – Femi Otedola In…
Read MorePay Diaspora Remittances to Beneficiaries In Naira, CBN Directs Banks
