By Our Reporter
The Central Bank of Nigeria (CBN) on Monday published a list of 48 international money transfer operators (IMTOs) approved for diaspora remittances.
The bank had earlier introduced a “Naira 4 Dollar Scheme”, an incentive that pays naira to senders and recipients of international money transfers.
The incentive will see that the recipients of diaspora remittances are paid N5 for every $1 received from outside the country.
The incentive will be enjoyed if remittances come in through IMTOs approved by CBN.
They are as follows: Aftab Currency Exchange Limited, Azimo Limited, Belyfted Limited, Caperemit Uk Limited, Cashpot Limited, Centrexcard Limited, Chime Inc.
Others are: Colony Capital Limited, Cp Express Limited, Dt&T Corporation Limited, Etranzact Limited, Fiem Group Llc Dba Ping Express, First Apple Inc., Flutterwave Technology Solutions Limited among others.