CBN Fixes $1m Capital Requirements For International Money Transfer Operators   The Central Bank of Nigeria (CBN) has fixed $1m as the minimum share capital requirement for International Money Transfer Operators in the country. This was revealed in its revised guidelines for the operation of IMTOs, which...

CBN To End $40bn OMO Bills Market       The Central Bank of Nigeria (CBN) will soon end the Open Market Operation (OMO) Bills sales to investors. The policy shift could hurt the market with its over $40 billion investment, according to findings. The market for OMOs had...