CBN introduces electronic transactions in foreign exchange market

Tribune OnlineCBN introduces electronic transactions in foreign exchange marketThe Central Bank of Nigeria (CBN) has announced the launch of the Electronic Foreign Exchange Matching System (EFEMS) for all foreign exchange (FX) transactions within the Nigerian Foreign Exchange Market (NFEM). This is in a bid to enhance transparency, governance, and market-driven exchange rate operations. The new system is set to be fully implemented by [...]CBN introduces electronic transactions in foreign exchange marketTribune Online

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