The Central Bank of Nigeria has approved the release of the Nigerian Foreign Exchange (FX) Code as a guideline for the banking industry intended to promote ethical conduct by Authorised Dealers in the Nigerian Foreign Exchange Market. The Code is positioned as a conduct framework for participants operating as Authorised Dealers in the FX market. The Central Bank of Nigeria will formally launch the Code at the CBN Head Office Auditorium in Abuja on 28 January 2025.
Central Bank of Nigeria 2025-01-22
Central Bank of Nigeria approves the Nigerian Foreign Exchange Code to guide authorised dealers’ conduct
The Central Bank of Nigeria has approved the Nigerian Foreign Exchange Code to guide ethical conduct among Authorised Dealers in the FX market. The Code serves as a conduct framework for these market participants.