Miscellaneous
The Central Bank of Nigeria on Wednesday directed all banks to close all naira ledger accounts opened for receiving International Monetary Transfer Operators proceeds. The letter was addressed to all managing directors of deposit money banks. The letter stated that regarding operations of diaspora remittances, all banks are hereby directed to close all naira ledger accounts opened specifically for the purpose of receiving IMTO proceeds with immediate effect. --- Support this podcast: https://anchor.fm/newscast-africa/support