BUSINESS

Just In: CBN Lifts Ban On 43 Items, To Intervene In FX Market

 

The Central Bank of Nigeria (CBN) says it will boost liquidity in the foreign exchange market by intervening “from time to time”.

In a statement issued on Thursday, the Apex Bank said that as market liquidity improves, the interventions will “gradually decrease”.

The CBN also announced the lifting of the ban on 43 items previously restricted from purchasing forex.

 

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