
Central Bank of Nigeria
Nigeria Foreign Exchange (FX) Code Book: Draft Exposure - October 2024
- Author
- Central Bank of Nigeria
- Reference No.
- FMD/DIR/PUB/CIR/001/020
- Year
- 2024
- Pages
- 39 pages
The Nigeria Foreign Exchange Code establishes principles of good practice for banks participating in Nigeria’s wholesale foreign exchange market. It addresses ethics, governance, transaction execution, information sharing, confidentiality, risk management, compliance, confirmation, settlement, payment obligations, and account reconciliation, with the aim of strengthening market integrity,…