Regulatory Alerts2025-03-07 | 07/03/2025Notification of Signed Statement of Commitment to the Nigeria Foreign Exchange Code by the CBN
The Central Bank of Nigeria (CBN) has officially committed to the Nigerian Foreign Exchange (FX) Code. This commitment, signed by key figures including the Governor, Deputy Governor of Economic Policy, and Director of Financial Markets, ensures that the CBN will regulate FX Market activities in line with the principles of the code. The CBN has taken appropriate steps to align its roles with the code's principles, considering the size and complexity of the FX Market.