The Central Bank of Nigeria (CBN) has announced the launch of an electronic foreign exchange matching system (EFEMS) for FX transactions, set to be implemented by…
Browsing: FX
The naira continued its decline against the dollar in the foreign exchange market on Wednesday. Data from FMDQ indicated that the naira dropped to N1667.42 per…
The Nigeria Customs Service (NCS) has disclosed that increasing petrol smuggling is affecting the availability of the country’s foreign exchange (FX). This statement was made by…