CBN unveils electronic system to enhance transparency in forex market
October 4, 2024
CBN unveils electronic system to enhance transparency in forex market
The Central Bank of Nigeria has introduced an Electronic Foreign Exchange Matching System, (EFEMS) aimed at transforming the country’s foreign exchange market. This new system is set to be operational in the Nigerian Foreign Exchange Market by 1 December 2024, following a two-week test run scheduled for November.[Read More…]