The Central Bank of Nigeria (CBN) has announced that it will take full, direct control of both the trading platform and the settlement process for all fixed-income transactions and Foreign Exchange (FX) products starting in November 2025.
This was detailed in a formal communication signed by Okey Umeano, Acting Director of the Financial Markets Department. The initiative aims to boost transparency and efficiency across Nigeria’s financial ecosystem significantly.l
What does this move mean?
This means that trading of fi
