CBN's new FX manual may raise Dollar liquidity, enhance market confidence

Author: Emeka AnaetoPublished on: June 11, 2026Country: Nigeria

Business & Economy

CBN's new FX manual may raise Dollar liquidity, enhance market confidence

The Central Bank of Nigeria (CBN) launched the fourth edition of the Foreign Exchange Manual, effective June 1, 2026. The manual aims to deepen transparency, improve liquidity, and strengthen confidence in Nigeria's foreign exchange market amid broader economic reforms. CBN Governor Olayemi Cardoso highlighted the manual's role as a regulatory guide for banks, importers, exporters, and other market participants.

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