The recent launch of the Nigeria Foreign Exchange Code (FX Code) by the Central Bank of Nigeria (CBN) signals a new era in ...

The Code amendments clearly address the concerns that Market Participants and LFXCs expressed during the review process and are consistent with the objective of having a more robust and transparent FX ...

Mr. Olayemi Cardoso yesterday said that the apex bank will soon commence final settlements of the outstanding amount from the $7 billion foreign exchange obligation backlog.

The CBN’s directive highlights its com­mitment to promoting a more resilient and transparent FX market. The FX Code aims to foster confidence among market participants, ensuring that ...

“The code amendments clearly address the concerns that market participants and LFXCs expressed during the review process and are consistent with the objective of having a more robust and transparent ...

Regional and community banks can leverage this tech to provide transparent FX payment services, akin to those “offered by the largest financial institutions.” The solution has live customers ...

Regional and community banks can now leverage this advanced technology to provide competitive, secure, and transparent FX payment services, akin to those offered by the largest financial institutions.