Electronic FX platform seen promoting transparency

Analysts have welcomed the Central Bank of Nigeria’s (CBN) introduction of the Electronic Foreign Exchange Matching System (EFEMS), describing it as a positive step towards improving transparency and efficiency in

Nigeria records N6.9trn trade surplus in Q2 2024

Nigeria has reported a trade surplus of ₦6.95 trillion for the second quarter of 2024, according to the National Bureau of Statistics (NBS). This figure marks a 6.60% increase from