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Add as a preferred source on GoogleNigeria Is Now Rewarding Citizens For Using Licensed Money Senders, Not Crypto
The Central Bank of Nigeria (CBN) is incentivizing citizens to use licensed international money transfer operators (IMTOs) to send and receive money, according to a report by the BBC.
The Central Bank of Nigeria (CBN) is incentivizing citizens to use licensed international money transfer operators (IMTOs) to send and receive money, according to a report by the BBC.
In February, the CBN issued a five-page statement clarifying its position on cryptocurrencies, stating they are not a form of legal tender in Nigeria.