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In light of ongoing challenges in the Nigerian foreign exchange market, including recent distortions driven by speculators and illicit traders, the need for a robust regulatory framework has become increasingly urgent. In view of this, the Central Bank of Nigeria has intr..
On 21 March 2024, the Bank of Mozambique published Notice No. 4/GBM/2024 in the Official Gazette. This notice establishes the regime for the liberalization of capital operations and other foreign exchange operations in Mozambique. It applies to all parties involved in for..
In a significant development, the Foreign Exchange Regulations, initially published in May 2022, have undergone crucial amendments through the Foreign Exchange (Amendment) Regulations, 2023, published on 1 September 2023 via Government Notice ..
This article provides a synopsis of the Foreign Exchange Regulations, G.N. No. 294 of 2022 (the Regulations) which are made under section 6 (1) of the Foreign Exchange Act, Cap 217 R.E. 2002, as amended (the Act).
