cbn efems reforms
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![Today's Naira Rate [08-12-2024]: Naira Gains as Parallel Market Hits N1,530 Following CBN FX Reforms](/data/attachments/211/211166-89415016beb4964cb57cabf6bc24d19a.jpg?hash=PERHMQHP25)
Nigeria Today's Naira Rate [08-12-2024]: Naira Gains as Parallel Market Hits N1,530 Following CBN FX Reforms
The Nigerian naira gained N126 against the dollar in less than a week, reaching N1,537 at the official market. The parallel market saw a peak of N1,530. This surge follows the Central Bank of Nigeria’s launch of the new Electronic Foreign Exchange Matching System (EFEMS) on December 2, 2024. In...- Nigeria News
- Article
- 1 min read
- cbn efems reforms naira appreciation. nigerian fx market parallel market rate
- Category: Business
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