CBN Governor Cardoso has launched the Nigeria FX Code to enforce ethical practices, transparency, and governance in the FX ...

When Wale Ameen read about the launch of the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account ...

The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast to ensuring that inflation is kept in check. It would be recalled that ...

These banks include national lenders like Wema Bank and Stanbic IBTC Holdings. Others have international authorisation, like ...

The Central Bank of Nigeria (CBN) has released a new Foreign Exchange (FX) code aimed at enhancing liquidity, transparency ...

The Naira today appreciated to N1,640 per dollar in the parallel market from N1,655 per dollar on Monday Similarly, the Naira ...

The Central Bank of Nigeria has approved the waiver of the 2025 annual license renewal fee for all existing Bureau De Change operators.This was disclosed in a circular dated January 24, 2025, signed ...

The saying that technology moves faster than regulation will always hold true regardless of the sector. Whether it is ...

The Central Bank of Nigeria (CBN) and Deposit Money Banks on Tuesday signed the Nigeria foreign exchange code, signaling a firm ...

The value of the naira improved against the US dollar in the foreign exchange market after the Central Bank of Nigeria ...

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct, ...

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 ...