2023-12-29 | FMD/DIR/PUB/CIR/001/008

Authorized Financial Markets Signatories and Dealing Mandates

The Central Bank of Nigeria (CBN) has issued a directive to banks and non-bank financial institutions, requiring them to submit their signature mandates and authorized dealers for financial markets transactions. This is to standardize dealing procedures and enhance authentication processes. The submission deadline is January 12, 2024, and it includes specific parameters such as authorized staff names, levels of authority, transaction limits, and signatures.

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