- Financial analysts applaud the CBN’s move to allow importers access to FX for trading some items
- The analysts say foreign investors face difficulties repatriating income and dividends due to FX policy
- They told Legit.ng that Nigerian farmers will not be happy with the restoration of FX restriction on rice, others
Financial analysts have reacted to a recent move by the Central Bank of Nigeria (CBN) to restore 43 items banned eight years ago from accessing foreign exchange.
The development contrasts the 2015 Circular referenced as TED/FEFPC/GEN/O1/010 and its addenda, prohibiting importers from doing so for specific items.
