I was expecting an amount of money to be transferred to me from Ireland for days now.

When I confronted the guy that why is he withholding my money, he now told me that ban on money transfer to Nigeria has not been lifted. I was a bit jolted with this development.

When I now saw this piece online, I am now convinced that the guy wasn't a liar. Just read this piece below:


Nigeria halts operations of most money transfer
companies operating there
The move will affect about $20 billion in
remittances
The sudden move has created immediate backlash because it affects a large volume of money.
(CNN) — 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.
The decision to revoke the licenses of all but three money transfer companies was backed by a warning,
issued on Tuesday , that advises Nigerians at home and abroad to "beware of the unwholesome activities
of some unlicensed International Money Transfer Operators."

This government is just killing both the micro and macro economy.

Are you also affected?

What is your take on this ugly development?

weti we do buhari ehn

The decision to revoke the licenses of all but three money transfer companies was backed by a warning,
issued on Tuesday , that advises Nigerians at home and abroad to "beware of the unwholesome activities
of some unlicensed International Money Transfer Operators."

Why complain if the above is the established case?

we are not talking about unlicensed money transfer agent but total ban on transfer.

This is ridiculous