Nigeria may lift foreign currency ban on certain imports
The West African nation’s government will consider “policy-driven restrictions” to promote local manufacturing of 41 items, Osinbajo said in an emailed copy of a speech on Tuesday.
Ending the ban could be the latest easing of foreign-currency trading restrictions by the Central Bank of Nigeria after it removed a naira peg in June and introduced a window for portfolio investors to trade at a market-determined exchange rate last month.
source: iol.co.za
