LAGOS, Dec 17 (Reuters) - Money transfer firm Transferwise
said on Thursday it will no longer send remittances to Nigeria
in local naira currency due to new rules limiting payment to
dollars.
Nigeria's central bank last month eased a 2013 rule that
allowed payment in naira after the currency fell to a 3-1/2 year
low of 500 naira on the black market, widening the premium with
the official market quoted at 381 since July.