February 1, 2024/CSL Research In a circular released earlier this week, the CBN warned authorised dealers to stop the unethical practice of reporting inaccurate and misleading information on transactions concluded in the financial market or risk facing sanctions. According to the CBN, investigations carried out revealed that authorized dealers sometimes […]
OPINION/EDITORIAL
Technology: 7 Scams to Watch Out for in 2024
As technology gets more advanced, fraudsters are also getting better at deceiving and stealing from us February 1, 2024/KnowBe4 Watch out! In 2024, scammers have some new tricks up their sleeve, such as deepfake impersonation. That is why fostering a zero-trust mindset can help to keep yourself safe from these […]
Flash Note: Zero Net Long Open Position; Unlikely to Boost FX Liquidity Significantly
February 1, 2024/CSL Research In a circular released yesterday, the Central Bank of Nigeria (CBN) expressing concern over the growth in foreign currency exposures of banks through their Net Open Position (NOP) and the associated risks, issued the following requirements with a 1 Feb 2024 deadline for compliance. Templates were […]
