CBN bans maize importation

Maize Importation Ban

Importation of maize into Nigeria is now an abomination as the Central Bank of Nigeria (CBN) just added the staple to the list items banned from importation. The apex bank has directed all authorised dealers to immediately discontinue the processing of Forms M for maize/corn importation into the country. This directive is contained in a notice that was addressed to authorised dealers and signed by Dr O.S Nnaji, CBN’s Director in charge of Trade and Exchange Department. In the notice which was made available to the public earlier on Monday,…

Read more