CBN Explains Suspension On Forex Access For Rice, Other Imports

The Central Bank of Nigeria (CBN), has explained that the high demand for foreign exchange (forex) on certain goods which gulped up a significant fraction of Nigeria’s foreign exchange informed the Federal Government’s decision to suspend access to it for the importation of rice, wheat, and other consumables. Governor Godwin Emefiele of the central bank … Continue reading CBN Explains Suspension On Forex Access For Rice, Other Imports