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Nigeria Introduces System to Boost Forex Market Transparency

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Nigeria Introduces System to Boost Forex Market Transparency
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Nigeria Introduces System to Boost Forex Market Transparency

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Source: Bitcoin.com

Nigeria Introduces System to Boost Forex Market TransparencyThe Central Bank of Nigeria (CBN) is launching a new electronic system (EFEMS) to improve transparency in the foreign exchange market. This comes as the Nigerian currency weakens. Authorized dealers must comply with existing regulations and complete necessary preparations before using EFEMS. Enhancing Transparency in the Foreign Exchange Market The Central Bank of Nigeria (CBN) […]

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Author: Terence Zimwara

Related posts:

  1. Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls
  2. Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains
  3. Nigeria Acts to Stabilize Currency with Forex Auction
  4. Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars
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