CBN Lifts FOREX Restriction On 43 Items 

Posted on October 13, 2023
The Central Bank of Nigeria, CBN, has lifted Foreign Exchange restrictions on the importation of 43 items implemented 8 years ago.
 
The 43 items included: Rice, cement, Margarine, Palm kernel, palm oil products and vegetable oils, Meat and processed meat products and Vegetables and processed vegetable products.
Others are: Poultry and processed poultry products, Tinned fish in sauce (Geisha)/sardines, Cold rolled steel sheets, Galvanized steel sheets, Roofing sheets, Wheelbarrows, Head pans, Metal boxes and containers, Enamelware, Steel drums, Steel pipes, Wire rods (deformed and not deformed), Iron rods and reinforcing bars, Wire mesh, Steel nails, Security and razor fencing and poles, Wood particle boards and panels, Wood fiberboards and panels, Plywood boards and panels, Wooden doors, Toothpicks, Glass and glassware, Kitchen utensils, Tableware, Tiles-vitrified and ceramic, Textiles, Woven fabrics, Clothes, Plastic and rubber products, polypropylene granules, cellophane wrappers and bags, Soap and cosmetics, Tomatoes/tomato pastes, Eurobond/foreign currency bond/ share purchases, Piston crowns, Ball bearings, High voltage cables, Transformers/switch gears and Gas cylinders.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Alimosho Local Government will be the center of attention for Ndigbo in Lagos as... Continue
The Abuja Investment Company Limited (AICL) has reinforced its commitment to youth entrepreneurship and... Continue
Guinness Nigeria Plc has announced its unaudited financial results for the quarter ended 30... Continue
The political crisis brewing within the Accord Party in Osun State deepened on Tuesday... Continue
Guaranty Trust Holding Company Plc, GTCO, has announced full plans for its 16th Annual... Continue
For every young footballer who laces up a pair of boots in search of... Continue
The Franco-Nigerian Chamber of Commerce and Industry (FNCCI) has announced the appointment of Olawale... Continue
United States President Donald J. Trump has commended President Bola Ahmed Tinubu for what... Continue
 MICHAEL AKINOLA  A 13-year-old boy has been arraigned before a Magistrate Court in sitting... Continue
Sahara Group has urged stakeholders to rethink how Africa approaches energy transition, infrastructure financing,... Continue

UBA


Access Bank

Twitter

Sponsored