The Central Bank of Nigeria (CBN) said on Tuesday the forensic verification of the $7 billion FX backlogs is nearing ...

The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange Code (FX Code), aimed at fostering transparency ...

The FX Code is built on six core principles: Ethics, Governance, Execution, Information Sharing, Risk Management and ...

The Central Bank Governor Olayemi Cardoso has announced that the forensic verification of the $7 billion FX backlogs is nearing ...

The FX Code is backed by the CBN Act of 2007 and the Banks and Other Financial Institutions Act (BOFIA) of 2020, which provide a robust legal framework for imposing sanctions on violators. Cardoso ...

The Central Bank of Nigeria (CBN) has called on deposit money banks and all market participants to embrace the principles of the Nigeria ...

The Central Bank of Nigeria has announced that it is ready to commence repayment of all forex backlogs. The apex bank also ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the completion of forensic verification to ...

The Central Bank of Nigeria (CBN) has launched the Nigeria Foreign Exchange Code (FX Code) with a vision for a foreign exchange market built on integrity, ...

Mr. Olayemi Cardoso, has issued a strong warning to banks, stating that any institution found guilty of foreign exchange (FX) ...

ShareThe dynamics of forex exchange policy in Nigeria takes a new positive trend on Tuesday with the Central Bank of Nigeria ...