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CBN lifts currency allocation ban on 41 items

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The Central Bank of Nigeria (CBN) today lifted a ban on currency allocation for importers bringing in goods worth up to $20,000 per quarter. CBN in 2015 placed a restriction on 41 items for which importers could no longer get dollars, including rice, toothpicks, cement, private jets, steel products, plastics and rubber, soap, cosmetics, furniture, ...

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