Gloomy future for Nigerian firms as CBN measures backfire

Central-Bank-of-Nigeria-CBN

Nigerian companies making anything from soap to tomato paste could run out of raw materials and be forced to shut down as Africa’s top oil producer has effectively banned the import of almost 700 goods to prevent a currency collapse. Selected luxury items such as make-up or brown bread imported from Europe have become scarce […]

The post Gloomy future for Nigerian firms as CBN measures backfire appeared first on Daily Times Nigeria Newspaper.