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The Central Bank of Nigeria Governor, Olayemi Cardoso, has issued a stern warning to financial institutions, emphasising that violations of the newly launched Nigeria Foreign Exchange Code will ...

has issued a stern warning to commercial banks and Bureau De Change operators over compliance with its new Foreign Exchange Code. Cardoso disclosed this on Tuesday at the launch of the FX Code.

USSD codes for financial services Photo credit: Bloomberg/contributor Source: Getty Images Legit.ng reported that the NCC in a notice dated January 15 warned that it would disconnect the USSD access ...

Participants in the foreign exchange market have been instructed by the Central Bank of Nigeria to submit compliance reports by January 31, 2025, detailing their adherence to the Nigeria FX Code. The ...

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Jan 27 (Reuters) - U.S. regulators must simplify the authorization process for setting up new banks, a group of lawyers wrote in a letter to the incoming leadership of banking agencies ...