Archives Tag: FX Restrictions
Nigeria Lifts FX Restrictions, Allows Milk and Dairy Imports
April 19, 2022
The Central Bank of Nigeria (CBN) recently made a significant decision regarding the import of milk and dairy products. Initially, on February 11, 2020, the CBN imposed restrictions on these items, adding them to the list of products ineligible for forex. This move aimed to regulate foreign exchange allocation and stimulate domestic production. Read … Continue reading Nigeria Lifts FX Restrictions, Allows Milk and Dairy Imports