Foreign Exchange Liquidity: CBN Intervenes in FX Market, Lifts Ban on 43 Items | NGT | 13/10/2023
In a significant development, Nigeria's Central Bank has announced the removal of foreign exchange restrictions on 43 specific items. This move is expected to have far-reaching implications for trade, businesses, and consumers in Nigeria.
It marks a shift in the country's foreign exchange policy, aimed at promoting economic growth and stability. The decision to lift the FOREX ban on these items demonstrates the Central Bank's commitment to creating a more favorable environment for trade and investment.
Anchor: Felicity Ezewuike
Guest: Ibifiri Bobmanuel, President, Rivers Entrepeneurs and Investors Forum
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