By Ngozi Amuche
The Central Bank of Nigeria (CBN) has warned the general public to be careful of doing business transactions with unprofessionals such as Azimo and Transfer Wise.
It was stated that the two organisations are claiming to be International Money Transfer Operators (IMTOs), but the CBN said it never gave these two firms licences to operate in the country as IMTOs.
In a statement issued on Wednesday and signed by the Acting Director of Corporate Communications of the CBN, Mr Osita Nwanisobi, it was stressed that both Azimo and Transfer Wise are not registered to do the business they claim to have authority to do.