Central Bank of Nigeria Licenses Currenzo for International Remittance Services
The Central Bank of Nigeria grants Currenzo an IMTO licence, empowering Africhange's subsidiary to facilitate direct diaspora remittances, enhancing cross-border financial transactions into Nigeria.
Multiple reports have confirmed that the Central Bank of Nigeria has awarded Currenzo, a subsidiary of Africhange operating in Nigeria, an International Money Transfer Operator (IMTO) license.
This licensing approval reportedly enables Currenzo to process direct remittances into the country, significantly enhancing cross-border transactions for the Nigerian diaspora.
By expanding its remittance services, Currenzo reportedly aims to provide more efficient, reliable, and secure money transfer options for Nigerians living abroad, thereby supporting economic growth and improving financial inclusion within Nigeria.
