The Central Bank of Nigeria (CBN) says foreign exchange (FX) utilisation for food importation dropped by half in January. The CBN’s economic report on ‘Sectoral Utilisation of Foreign Exchange’ for
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President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to provide foreign exchange for the importation of food items. Buhari spoke on Tuesday at the fifth regular
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to provide forex for the importation of food items or fertilizer. The president was speaking on Thursday at
Adetunji Oredipe, a senior agriculture economist with the World Bank, says Nigeria’s position as one of the largest food importers in the world has put the economy in a dangerous
The Peoples Democratic Party (PDP) has described President Muhammadu Buhari’s directive on food importation in the country as mean, ill-timed
Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has criticised President Muhammadu Buhari over his directive
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