This comes as the Naira has firmed up in the past seven days against the dollar at the FX market after CBN introduced the Electronic Foreign Exchange Matching System (EFEMS) for transparent FX ...

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 ...

“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.

Cardoso emphasized the need for bank board chairpersons and management teams to lead by example in adhering to the principles of ethical and transparent FX transactions for authorized dealers.