CBN Lifts Forex Restrictions On Rice, Cement, Building Materials, Toothpicks, Others

Naija News reports that after imposing foreign exchange restrictions, the apex bank announced in a statement signed by the director of corporate communications of the bank, Dr Isa AbdulMumin, said a significant change has been made in the foreign exchange market policy.

It would be recalled that importers of these items were restricted from purchasing foreign exchange as outlined in the 2015 Circular referenced as TED/FEFPC/GEN/O1/010 and its addendums.