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    Nigeria’s FX Market Turnover Jumps 262% Under EFEMS 

    10 hours ago

    Nigeria’s foreign exchange market is recording a sharp rise in activity after the Central Bank of Nigeria introduced the Electronic Foreign Exchange Matching System, widely known as EFEMS.  A CBN report indicates that FX market turnover increased by 262.4 percent in the first half of 2025, pointing to deeper participation in the official market as … The post Nigeria’s FX Market Turnover Jumps 262% Under EFEMS  appeared first on Business Elites Africa.
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