Nigerian financial sector compliance directory — Acts, Regulations, Guidelines and Circulars from PenCom, CBN, NAICOM, SEC and NDPC.
Companion operating guidelines for the Electronic Foreign Exchange Matching System platform.
Establishes a mystery shopping and spot-check compliance monitoring mechanism for bank cash availability requirements.
Establishes a scheme for disclosure, deposit, repatriation and investment of foreign currency, giving banks and customers a compliant channel to regularise offshore-held FX.
Introduces an asymmetric interest-rate corridor around the Standing Deposit Facility as a liquidity management tool.
Amends memoranda 20 through 22 of the Foreign Exchange Manual governing specified categories of forex transactions.
Sets out how banks and OFIs must classify, manage, report and safeguard dormant accounts and unclaimed balances, complementing the beneficiary-facing recovery guidelines (cb-06).
Imposes penalties on banks that refuse to accept legal-tender banknotes in circulated or mutilated condition.
Reinforces the 2021 directive (cb-b5-08) against rejecting older or lower-denomination US dollar notes.
Updates the procedure for deposit money banks depositing foreign currency cash with CBN branches in Lagos and Abuja.
Discontinues the mandatory use of the CBN Price Verification System Portal for import valuation.
Introduces measures to improve naira liquidity available for settling diaspora remittance payouts.
Onboarding pathway granting approval-in-principle to virtual asset service providers ahead of full registration, with enhanced due diligence. First DAX licences issued under this f…
This vault is a monitoring aid, not legal advice; always confirm against the regulator's official publication.
