Importers of all the 43 items previously restricted in 2015 can now purchase foreign exchange in the Nigerian FX market.
“Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja.”
The massive funding comes against the backdrop of persistent poor power delivery to many homes and industrial sectors in Nigeria.
CBN spokesperson, Isa Abdulmumin, urged unemployed youths to grab the opportunities of the CBN Agric Small and Medium Enterprises Investment Scheme to access funds.
Mr Abdulmumin said that the apex bank was committed to supplying the “approved indent” for the smooth running of the economy.
