BREAKING: Buhari orders CBN to blacklist Importers of Palm Oil, Rice, Others

Fri, Jun 14, 2019 | By publisher


Business

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping any of the restricted 43 items into Nigeria.

The Presidential directive was disclosed by the CBN Governor, Mr. Godwin Emefiele on Friday in Abuja during a meeting with oil palm producers.

Emefiele also said the presidential directive mandated the apex bank to expand and provide support to firms and individuals that want to expand the production of ten different commodities in Nigeria.

The ten different products are rice, maize, cassava, tomatoes, cotton, oil palm, poultry, fish, livestock dairy and cocoa. – Punch

– June 14, 2019 @ 14:39 GMT |

Tags:


Beware of fraudulent contracts, project funding claims – CBN to Nigerians

THE Central Bank of Nigeria (CBN) has alerted Nigerians of the activities of fraudsters purporting to be in receipt of...

Read More
NGX opens positive with N16bn gain

THE Nigerian Exchange Ltd. (NGX) started the week on a positive note as market capitalisation increased by N16 billion, representing...

Read More
FirstBank hosts inaugural China-Africa Interbank Association Forum

…reiterates its commitment to promoting trade, financial cooperation, economic development FIRSTBank, the premier West African financial institution and financial inclusion...

Read More