Heavy sanctions for FX code breaches, CBN warns banks

Heavy sanctions for FX code breaches, CBN warns banks

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 attract severe sanctions. Speaking during the launch of the FX Code at the CBN headquarters in Abuja on Tuesday, Cardoso highlighted the significance of the framework in

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