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Tag: Central Bank of Nigeria

Central Bank of Nigeria to place sugar, wheat on foreign currency restriction list

April 17, 2021April 17, 2021

NIGERIA – The Central Bank of Nigeria has announced plans to halt foreign currency for sugar and wheat imports, as…

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AFRICAN NEWS Agriculture & Agribusiness Grains, Milling, Baking & Feed LATEST NEWS 

Central Bank of Nigeria to release 300,000 metric tons of maize to control market price

January 21, 2021January 21, 2021

NIGERIA – The Central Bank of Nigeria (CBN) has announced it will release about 300,000 metric tons of maize into…

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AFRICAN NEWS Agriculture & Agribusiness Grains, Milling, Baking & Feed LATEST NEWS 

Central Bank of Nigeria supports poultry industry with US$33m

December 17, 2020December 17, 2020

NIGERIA – The Central Bank of Nigeria (CBN) has so far released the sum of N12.552 billion to large, medium,…

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AFRICAN NEWS LATEST NEWS Meat, Poultry & Fish 

Four Nigerian companies get CBN approval to import 262,000 tons of maize

September 4, 2020September 4, 2020

NIGERIA – The Central Bank of Nigeria has approved four companies i.e. Wacot Limited, Chi farms Limited, Crown Flour Mills…

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AFRICAN NEWS Grains, Milling, Baking & Feed LATEST NEWS 

CHI Limited supports CBN’s backward integration program to boost country’s dairy industry

July 28, 2020July 28, 2020

NIGERIA – CHI Limited, Nigeria’s fast-moving consumer good company with investment in the dairy industry, is set to undertake massive…

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AFRICAN NEWS Agriculture & Agribusiness Dairy & Infant Foods LATEST NEWS 

Central Bank of Nigeria halts forex access for maize imports to boost local industry

July 14, 2020July 14, 2020

NIGERIA — The Central Bank of Nigeria (CBN) has blocked access to foreign exchange for maize imports as it seeks…

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AFRICAN NEWS Agriculture & Agribusiness LATEST NEWS 

Central Bank of Nigeria funds production of nine agricultural commodities with US$1.1bn

June 19, 2020June 19, 2020

NIGERIA – The Central Bank of Nigeria (CBN) has targeted to fund the value chains of nine agricultural commodities in…

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AFRICAN NEWS Agriculture & Agribusiness LATEST NEWS 

Nigeria’s Edo state partners with CBN, farmers to revive non-performing oil palm belt

March 3, 2020March 4, 2020

NIGERIA – The Edo State Government has partnered with the Central Bank of Nigeria and farmers in the revival of…

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LATEST NEWS 

Nigeria to offer rice farmers affordable loans to boost production

February 20, 2020February 20, 2020

NIGERIA – The Central Bank of Nigeria has said it would offer single-digit loan to rice farmers in the Niger…

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Grains, Milling, Baking & Feed LATEST NEWS 

Only six firms will be allowed to import milk in Nigeria, CBN says

February 14, 2020February 15, 2020

NIGERIA – The Central Bank of Nigeria has given approval to six dairy companies to import milk into the country.…

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Dairy & Infant Foods LATEST NEWS 

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  • Pennsylvania chocolate factory R.M. Palmer Company explodes, killing at least 7
  • ofi Chief Operating Officer Tejinder Singh Saraon promoted to CEO
  • Geia Food expands its footprint in Nordic Region with acquisition of Topfoods
  • Ivory Coast shifts manual certification for horticulture products export to digital
  • Rwanda FDA lifts ban on Nestlé cereal brand with non-compliant labeling

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