Tag: CBN

News in brief: - Minister Abubakar Bagudu has urged the CBN to resume agricultural intervention programmes to boost food production and economic growth. - He stresses that...

News in brief: - CBN has fired the executive directors of NIRSAL, a government agency promoting agricultural lending. - Following allegations of financial mismanagement and...

News in Brief: - The Central Bank of Nigeria lifted foreign exchange restrictions on milk and dairy products, aiming to lower prices for consumers....

News in brief: - Former Nigerian President Olusegun Obasanjo strongly criticised the CBN's decision to lift the forex ban on poultry product importers, expressing concerns over...

Questions answered in this article: - Why did the CBN place FX restrictions on importing some items and what was the impact on businesses and...

The Poultry Association of Nigeria (PAN) has called on the government to create a sustainable development policy for the poultry industry to prevent its collapse, emphasising concerns about CBN lifting import restrictions and requesting incentives for feed supplies.

The Central Bank of Nigeria (CBN) changed its forex (FX) policy to give commercial banks the leeway to sell foreign currencies. In a follow-up...