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IMTO inflows surge 63.7% in 2024 amid CBN reforms
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IMTO inflows surge 63.7% in 2024 amid CBN reforms

The Central Bank of Nigeria has revealed a 63.7% per cent increase inflows from international money transfer operators for the first nine months of 2024. According to the latest quarterly statistical bulletin, remittances rose from $2.33 billion during the same period in 2023 to $3.82 billion in 2024. This surge in remittance inflows is largely […]

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FCCPC extends digital money lenders registration deadline

  Bisola David The Federal Competition and Consumer Protection Commission stated on Friday that the registration deadline for online money lenders would be extended. The procedure has been extended to March 27, 2023, according to a statement made by the commission’s Chief Executive Officer, Babatunde Irukera, and provided to The Punch. According to him, the […]