Why we implemented EFEMS – CBN Gov, Cardoso

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Why we implemented EFEMS – CBN Gov, Cardoso …C0NTINUE READING HERE >>>

Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says the apex bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is to ensure trust.

According to a statement by CBN’s Acting Director, Corporate Communications Department, Mrs Hakama Sidi-Ali, Cardoso said this while addressing members of the Harvard Club of Nigeria in Lagos at the weekend.

Speaking on the topic: “Leadership in Challenging Times: Restoring Credibility, Building Trust, and Containing Inflation”, Cardoso said that the decision was rooted in the understanding…

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