Business

IMTOs: CBN releases latest list of International Money Transfer Operators in Nigeria as of July 10 2023

The Central Bank of Nigeria has released its official list of International Money Transfer Operators in Nigeria.


The current list has been extended from about 47 in 2021 to 62 in the latest press release by the apex bank.


IMTOs, or International Money Transfer Operators, in Nigeria, are companies or organizations authorized by the Central Bank of Nigeria (CBN) to facilitate the transfer of funds from individuals or entities residing abroad to recipients in Nigeria.