Nigeria's leading finance and market intelligence news report.

A critical look at CBN’s FX restriction on maize

On July 13, 2020, the Central Bank of Nigeria (CBN) extended foreign exchange (FX) restriction to importation of maize/corn. The apex bank directed all authorised dealers to submit the list of Form Ms already registered for the importation of maize/corn using a designated format on or before the close of business on July 15. It…

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