Tribune Online
EFEMS, Eurobond issuance bolster FX reserves, Naira stability
THE Central Bank of Nigeria (CBN) has taken significant steps to stabilize the foreign exchange (FX) market with the launch of the Electronic Foreign Exchange Matching System (EFEMS) and the issuance of a $2.2 billion Eurobond by the Debt Management Office (DMO). These measures have collectively increased Nigeria’s…
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