SAT MAY 16 2026-theGBJournal| The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has unveiled the 4th Edition of the Central Bank of Nigeria (CBN) Foreign Exchange Manual, a major step towards strengthening transparency, consistency, and efficiency in Nigeria’s foreign exchange market.
Effective June 1, 2026, the revised Manual aligns with international best practices and reflects the CBN’s commitment to modernising FX administration, reinforcing market confidence, and strengthening Nigeria’s macroeconomic foundations.
Developed through extensive stakeholder consultations and rigorous technical review, the Manual will be provided free of charge to authorised dealers to support seamless implementation and compliance.
Governor Cardoso also emphasised the importance of professionalism, accountability, fairness, and strong monitoring frameworks in sustaining the credibility and stability of Nigeria’s foreign exchange market.
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