CBN approves only 47 money transfer operators licensed in Nigeria


The Central Bank of Nigeria (CBN) has published a list of 47 International Money Transfer Operators, that are licensed to operate in the country.

The document was uploaded on CBN’s website.

Some of the operators had their addresses in Nigeria, while others were based outside the country.

The CBN recently introduced a rebate of N5 for every $1 of fund remitted to Nigeria, through IMTOs in its forex policy.

The CBN Governor, Godwin Emefiele, said during its launch, “In an effort to reduce the cost burden of remitting funds to Nigeria by working Nigerians in the diaspora, the Central Bank of Nigeria has introduced a rebate of N5 for every $1 of fund remitted to Nigeria, through IMTOs licensed by the Central Bank.

“This rebate will be provided to the bank accounts of beneficiaries, following receipt of remittance inflows.

“We believe this new measure will help to make the process of sending remittance through formal bank channels cheaper and more convenient for “Nigerians in the diaspora. This new policy is expected to take effect on the 8th of March 2021.”

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Leah Sharibu reportedly delivers second child in Boko Haram captivity


Abandoned Dapchi schoolgirl, Leah Sharibu, has reportedly given birth to a second child in Boko Haram captivity.

It has been three years and five weeks since her abduction in Dapchi, Yobe State.

A United States-based group, US-Nigeria Law Group, has lamented Sharibu's plight.

It would be recalled that Leah, still held in captivity, was forced to accept Islam before being married off to a top Boko Haram commander after she refused to renounce her Christian faith.

Leah was among 110 girls, aged between 11 and 19 years, who were abducted by the terrorists from Government Girls’ Science and Technical College, Dapchi, on February 19, 2018.

Convener of the US-Nigeria Law Group, Emmanuel Ogebe, said in a statement...

Entertainment News

‘It’s surrogate’ Nigerians drag Rosy Meurer for allegedly lying about her pregnancy

Rosy Meurer

Nollywood actress and new mom Rosy Meurer has sparked social media reactions with a new photo of her postpartum body.

Stepping out for the day, the actress shared a stunning photo of herself that left netizens in doubt if she was ever pregnant.

Rosy Meurer captioned the post: When you become fearless, the world becomes limitless. You are capable of amazing things. Happy New Week lovers 💕 #neweeek #newopportunities #newgoals #monday

Reacting to the post, social media users expressed shock at Rosy Meurer's fast fitness as they dragged her, to tell the truth about her new baby.

While many alleged she bought the baby, others claimed she would have done surrogate and flaunted fake baby bump.


Sport News

Rohr confirms Ahmed Musa won’t feature against Benin, Lesotho

Ahmed musa

Nigeria coach, Gernot Rohr, has confirmed captain Ahmed Musa will not play any part against Benin Republic and Lesotho.

Musa is still without a club since he left Saudi Professional League club Al Nassr in October 2020.

He has not played a competitive match since he featured in the Super Eagles’ 4-4 draw against Sierra Leone on November 13.

Earlier this year, Musa was close to returning to the Premier League, but his late move to West Bromwich Albion fell through.

Musa’s latest invitation to the Nigerian national team has raised eyebrows but Rohr maintained that he is still the team captain and he is in camp to train and keep his fitness level.

“Musa is our...

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