CBN Archives -

CBN Introduces Electronic Foreign Exchange Matching System To Curb Speculation

Kingsley Chukwu2 months ago02 mins

The Central Bank of Nigeria (CBN) has announced the introduction of the Electronic Foreign Exchange Matching System (EFEMS), for Foreign Exchange (FX) transactions in the Nigerian Foreign Exchange Market (NFEM). According to a statement by Omolara Duke, Director, Financial Markets Department , the EFEMS will be implemented not later than Dec.1. Duke said that the…

Buhari’s Best New Year Gift To Nigerians Is To Sack, Arrest Emefiele- Northern Groups

Miracle Garba2 years ago09 mins

Northern groups under the aegis of Amalgamated Arewa Youth Groups (AAYG), have said that the best new year gift to Nigerians by President Muhammadu Buhari is to sack and arrest the Governor of Central Bank of Nigeria (CBN), Dr. Godwin Emefiele. The groups, which listed some of the alleged crimes that warrant the sack…