Home Business 47 firms including Flutterwave, eTRANZACT, Paypal, Interswitch listed as approved CBN international...

47 firms including Flutterwave, eTRANZACT, Paypal, Interswitch listed as approved CBN international money transfer operators

Godwin Emefiele
Godwin Emefiele, CBN Governor

By Audrey Lotechukwu

MON 22 MARCH, 2021-theGBJournal-Attaining enough foreign exchange inflows through official sources to Stabilise the value of the domestic currency continues to underpin the Central Bank of Nigeria’s (CBN) money transfer policy.

In recent times, the apex bank has issued a raft of policies geared towards redirecting remittances through official sources as Diaspora Nigerian’s preference for the parallel market grows.

Besides, International Money Transfer Organisations and unothourised companies activities has continued to create more headaches for the CBN, prompting also several cautions.

Most of these organizations disburse Diaspora remittances in local currency (Naira) despite the CBN’s efforts to promote transparency, grow Diaspora remittances and significantly improve foreign exchange inflows into the country.

Today, the CBN republished the full list of firms it has approved, as at February 28, 2021, to undertake international money transfer into the country, in another move to reinforce the commitment to shutter illegal money transfer operators.

The Full List of oprators;

1-AFTAB CURRENCY EXCHANGE LIMITED, Pall Mall Court, 61-67 King Street, Manchester, M2 4PD, United Kingdom

2-AZIMO LIMITED, 173 Upper Street London, NI IRG United Kingdom

3-BELYFTED LIMITED, 44 Whalebone Lane South Dagenham, Essex RMB 1BB, United Kingdom

4-CAPEREMIT UK LIMITED, 47 Stanley Road Stevenage Hertfordshire SG2 OEE United Kingdom

5- CASHPOT LIMITED, 157, Deptford High Street SE8 3NU, London United Kingdom

6-CENTREXCARD LIMITED, Unit 46, Dartford Business Park (Basepoint) Victoria Road, Dartford DA1 5FS, Kent, UK

7-CHIME INC., 239 East 5th Street Suite 4B New York, NY 10003 United States

8-COLONY CAPITAL LIMITED, Plot 5 Chief Yesefu Abiodun Way Oniru, Victoria Island Lagos

9-CP EXPRESS LIMITED 346 Barking Road London, E13 8HL

10-DT&T CORPORATION LIMITED 3 Harbour Exchange Square London E14 9GE

11-eTRANZACT LIMITED 4th & 5th Floors, Fortune Tower 27/29 Adeyemo Alakija Street Victoria Island Lagos

12-FIEM GROUP LLC DBA PING EXPRESS 1327, Empire Central Drive St. 110-6 Dallas Texas

13-FIRST APPLE INC. 6492 Landover Road Suite A1 Landover MD20785 Cheverly, USA

14-FLUTTERWAVE TECHNOLOGY SOLUTIONS LIMITED 8 Providence Street, Lekki Phase 1 Lagos

15-FORTIFIED FRONTS LIMITED in Partnership with e-2-e PAY LIMITED #15 Glover Road Ikoyi, Lagos

16-FUNDS & ELECTRONIC TRANSFER SOLUTION No. 15, Cameron Road, Ikoyi, Lagos

17-FUNTECH GLOBAL COMMUNICATIONS LIMITED Clarendon House 125 Shenley Road Borehamwood Heartshire WD6 1AG United Kingdom

18-GLOBAL CURRENCY TRAVEL & TOURS LIMITED 1280 Ashton Old Road Manchester, M11 1JJ United Kingdom

19-HOMESEND S.C.R.L Rue des Colonies 56, 6th Floor-B1000 Brussels Belgium


21-IMMUEUBLE WARI LIMITED 20 Rue Amadou Assane Ndoye 7 Etge BP 32 368 Dakar Dakar Senegal

22-INTERSWITCH LIMITED Plot 1648C Oko-Awo Close Victoria Island Lagos

23-MAKEBA INC. 85, Broad Street, 18th FI New York, NY 10004

24-MONEYGRAM Africa Re-Insurance Building 1679, Karimu Kotun Victoria Island, Lagos

25-NAIRA GRAM LLC operating in Nigeria as NGN GRAM LIMITED 24b Femi Okunnu Phase 2, Lekki Lagos State


27-NOUVEAU MOBILE LIMITED c/o 31B Oyeleke Street Alausa Ikeja, Lagos

28-PAGATECH LIMITED 176 Herbert Macaulay Way Yaba, Lagos

29-PAYCOM NIGERIA LIMITED Plot 8, Dr. Nurudeen Olowopopo Avenue Alausa, Lagos

30-PAYPAL INC. #2211 North First Street San Jose, CA95131 United States of America

31-REMIT HUB CAFÉ LIMITED 175 Chesterton Road Cambridge, CB4 1AF United Kingdom

32-REMITLY INC. 111 Third Avenue Suite 2100 Seattle, WA 98101 United States

33-RIA FINANCIAL 1 Allées Seydou Nourou TALL POINT E Dakar – Senegal

34-SHIFT FINANCIAL SERVICES LIMITED No.1 Goba Close (Suite 3), Off Monrovia Street Off Aminu Kano Crescent Wuse 2, Abuja

35-SIMPLIFY INTERNATIONAL SYNERGY LIMITED No. 18, A-Close, 14 Road Gwarimpa, Abuja

36-SMALL WORLD FINANCIAL SERVICES GROUP LIMITED Antonio Inesta Units 3&4 Sycamore Court Royal Oak Yard 168-170 Bermondsey Street SE1 3TQ, London

37-TCF LIMITED 2A Osborne Road Pees Galleria, Suite 4 Ikoyi, Lagos

38-TRANS-FAST REMITTANCE LLC 44 Wall Street, Suit 400 New York, NY10005 USA


40-VENTURE GARDEN NIGERIA Plot E, Ziatech Road Oregun, Ikeja Lagos

41-VOLOPA FINANCIAL SERVICES (SCOTLAND) LIMITED Maclay Murray & Spens LLP 1 George Square, Glasgow, G2 1AL

42-VTNETWORK LIMITED No.5 Beckley Street, Off Adeyi Avenue Old Bodija, Ibadan Oyo State

43-WEBLINK INTERNATIONAL LIMITED The Enterprise Centre (Unit 1) Hastings Road, Bromley Kent BR2 8NA, London

44-WESTERN UNION 7 th Floor, Shore 13 1100 Boulevard Al Qods-Quartier Sidi Maarouf 20270 Casablanca Morocco

45-WORLDREMIT LIMITED 2nd Floor, 62 Buckingham Gate London SW1E 6AJ

46-XPRESS MONEY SERVICES LIMITED Office #426, 1 Olympic Way Wembley HA9 ONP London, UK


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