4 results
- 12 Mar 2024
CBN Warns Banks against Using Obsolete Circulars
Central Bank of Nigeria (CBN) has issued a warning to all deposit money banks, licensed non-interest banks and other authorised dealers over persistent use of superseded circulars and guidelines…
- 25 May 2024
CBN Sacks 300 Staff, 14 Directors Affected
Central Bank of Nigeria (CBN) has reportedly sacked about 300 staff members amongst them 14 directors. The layoff of the staff brings the list of those so far disengaged from the bank under Olayemi…
- 3 Oct 2024
CBN Introduces EFEMS to Enhance Transparency in Forex Market
Central Bank of Nigeria (CBN) has introduced an Electronic Foreign Exchange Matching System (EFEMS) for Foreign Exchange (FX) transactions within the Nigerian Foreign Exchange Market (NFEM). Yemi…
- 23 Jan 2025
CBN’s FX Code to Boost Transparency for Launch on January 28
The Central Bank of Nigeria (CBN) said it has approved the release of the Nigerian Foreign Exchange (FX) Code and will officially launch the same on January 28, 2025. The FX code serves as a…