The Central Bank of Nigeria has issued fresh guidelines for interbank foreign exchange trading via the Electronic Foreign Exchange Matching System, mandating a minimum trade value of $100,000. The directive, dated November 25, 2024 and signed by Omolara Duke, CBN’s Director of the Financial Markets Department, is part of efforts to ensure transparency, efficiency, and […]

The post FX platform: CBN sets $100,000 minimum trade for banks appeared first on ThePointNG.