2017-02-01 | FMD/DIR/GEN/CIR/08/001

Amendment of S4 Business Rules and Guidelines

The Central Bank of Nigeria has amended its S4 Business Rules and Guidelines, requiring participants to buy back Standing Lending Facilities by 10:00 am on the maturity date or face automatic rediscounting of encumbered securities. This change takes immediate effect and applies to all authorized dealers.

Nigeria

Central Bank of Nigeria

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