Euro still unpopular in Nigeria.

Lagos, Nigeria (PANA) - Five months after it became legal tender, Euro, the European Union currency is yet to make a significant in-road into the Nigerian economy, financial experts said.

A PANA check revealed that transactions in Euro is still imited to the informal sector of the Nigerian money market.

Even at the informal (parallel) market, Euro-based transactions are few.

Samuel Ibrahim, Manager, Standard Bureau de Change in Lagos, said his recorded transactions in the European currency since January had not exceeded 30,000 Euro.

"Customers are not demanding the Euro like the (US) dollar and (British) Pound sterling, except in few…