Business News

CBN FX Speculation Curbing System Goes Live December 1

FX Speculation

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS) for Foreign Exchange (FX) transactions in the Nigerian Autonomous Foreign Exchange Market (NAFEM). According to a statement issued by the Director of the Financial Markets Department of the apex bank, Mrs Omolara Duke, the […]