Nigeria to add sugar, wheat to FX restriction list

The Central Bank of Nigeria says it will add Sugar and Wheat to its Forex restriction list. This was in a tweet posted on the handle of the apex bank on Friday. Ayodeji Balogun, CEO of AFEX Commodities Exchange and Femi Oladehin, Partner for Investment Banking at Argentil Capital Partners join CNBC Africa to discuss the implications of this story and how it affects Nigeria’s backward integration plans for these crops.

Mon Apr 19 2021 | 11:51:55 GMT+0000 (Coordinated Universal Time)

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