Central Bank of Nigeria (CBN) don announce major reform wey go begin November 2025 as dem prepare to take full control of di country fixed income market.
According to circular signed by Okey Umeano, Acting Director of Financial Markets Dept, di plan na to make market transparent, efficient and regulated properly.
Timeline go run like this:
October 2025: User Acceptance Testing.
November 3, 2025: Settlement process go fully migrate to CBN.
December 1, 2025: CBN new trading platform go start operation.
CBN talk say di phased approach go make transition smooth and dem go work with Financial Markets Dealers Association (FMDA).
Di apex bank promise say di reform go make fixed income market better tool for monetary policy and economic growth.
November 2025: CBN Go Fully Control Nigeria Fixed Income Market
Apex bank say move go boost transparency & regulation
SourceTheStreetNewspaper
