CBN Wraps Up FX Forward Contracts Audit, Moves Toward Legal Enforcement

The Central Bank of Nigeria (CBN) has announced the conclusion of a comprehensive forensic review into foreign exchange transactions conducted under the Retail Secondary Market Intervention Sales (RSMIS) scheme, officially bringing the matter to a close. The apex bank revealed that the audit, which spanned 18 months, was carried out in partnership with authorised dealer … Continue reading CBN Wraps Up FX Forward Contracts Audit, Moves Toward Legal Enforcement