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

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

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

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

The Central Bank of Nigeria, CBN, today announced that it has approved the waiver of non refundable annual license renewal fees for existing Bureaux De Change (BDCs) in the country.

The Central Bank of Nigeria (CBN) has approved the 2025 licence renewal fee waiver for the Bureau De Change (BDC) ...

The Central Bank of Nigeria (CBN) on Tuesday in Abuja launched the Nigeria Foreign Exchange (FX) Code, designed ...

The Central Bank of Nigeria, CBN,  yesterday released the Nigeria Foreign Exchange (FX) Code in a bid to mitigate  risks following various positive transformations in the country’s financial landscape ...

The World Bank Group says the Central Bank of Nigeria (CBan) must continue in its  course to tackle inflation.

"Market Participants will be required to conduct a self-assessment and submit to the CBN a report on the institution's level of compliance with the FX Code by January 31, 2025".

The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast ...