WATCH THE VIDEO HERE The Central Bank of Nigeria (CBN) will on Tuesday, January 28, 2025, launch a foreign exchange (FX) code designed to boost the integrity of the market. A statement from the banking sector regulator on Wednesday said the FX code would be unveiled at its headquarters in Abuja next week. It explained the forex code will serve as a guideline for the ethical conduct of FX dealers in the Nigerian forex landscape. “The Central Bank of Nigeria has approved the release of the Nigerian Foreign Exchange (FX) Code as a guideline to the banking industry to promote the ethical conduct of Authorised Dealers in the Nigerian Foreign Exchange Market. “The bank will formally launch the code at the CBN Head Office Auditorium, Abuja, on Tuesday, January 28, 2025,” the statement read.
CBN to Unveil FX Code January 28 to Boost Market Integrity
