2024-01-29 | FMD/DIR/PUB/CIR/001/011

Circular to All Authorised Dealers - Financial Markets Price Transparency

The Central Bank of Nigeria circulates a reminder to all authorized dealers about the expectation of transparent price quoting and displaying in financial markets transactions. The bank has noticed instances of under-reporting and misleading information, which is non-compliant with ethical standards and amounts to market manipulation. The CBN warns of sanctions for such behavior and encourages stakeholders to conduct business in compliance with CBN rules and guidelines.

Nigeria

Central Bank of Nigeria

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