Central Bank of Nigeria (CBN) Introduces New Guidelines for Interbank FX Trading via EFEMS

The Central Bank of Nigeria (CBN) has unveiled fresh guidelines for interbank foreign exchange (FX) trading through its Electronic Foreign Exchange Matching System (EFEMS), effective November 25, 2024. The directive, signed by Dr. Omolara Duke, Director of the Financial Markets Department, seeks to enhance market transparency, improve trading efficiency, and ensure compliance within Nigeria’s FX […] The post Central Bank of Nigeria (CBN) Introduces New Guidelines for Interbank FX Trading via EFEMS appeared first on Tekedia.

  Business   Nov 28, 2024   0   10  Add to Reading List
Central Bank of Nigeria (CBN) Introduces New Guidelines for Interbank FX Trading via EFEMS

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ARE YOU TIRED OF LOW SALES TODAY?

Connect to more customers on doacWeb

Post your business here..... from NGN1,000

WhatsApp: 09031633831

ARE YOU TIRED OF LOW SALES TODAY?

Connect to more customers on doacWeb

Post your business here..... from NGN1,000

WhatsApp: 09031633831

The Central Bank of Nigeria (CBN) has unveiled fresh guidelines for interbank foreign exchange (FX) trading through its Electronic Foreign Exchange Matching System (EFEMS), effective November 25, 2024. The directive, signed by Dr. Omolara Duke, Director of the Financial Markets Department, seeks to enhance market transparency, improve trading efficiency, and ensure compliance within Nigeria’s FX […]

The post Central Bank of Nigeria (CBN) Introduces New Guidelines for Interbank FX Trading via EFEMS appeared first on Tekedia.

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