Nigerian Banks, Western Union and the $26bn Diaspora Remittance By Chief Anthony Ani

“RE: $26BN DIASPORA REMITTANCES: WHERE ARE THE  DOLLARS?” The above question was posed in an article in The PUNCH newspaper edition of September 9, 2019, by columnist Henry Boyo. I have been a daily reader of The PUNCH for the past 10 years and I have not yet, read any comments from anyone on this […]

Continue Reading

CBN blocks all international money transfer operators except three

The Central Bank of Nigeria has suddenly changed its policy toward money transfer operators, effectively blocking many services used by Nigerians to send money to and from the country excluding Western Union, MoneyGram and Ria The decision to revoke the licenses of all but three money transfer companies was backed by a warning,issued on Tuesday, […]

Continue Reading