CBN to blacklist firms importing items on Nigeria’s FX exclusion list

PUBLISHED: Thu, 27 Jun 2019 14:20:22 GMT


The Central Bank of Nigeria says Nigeria still spends close to $500 million on oil palm importation despite the CBN’s move to place the commodity of the FX exclusion list. Henry Olatujoye, National President of the National Palm Produce Association of Nigeria joins CNBC Africa to discuss Nigeria’s strategy for crude palm oil going forward….

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.