Emefiele Says CBN Will Soon Stop Milk Importation

Governor of Central Bank of Nigeria (CBN) Godwin Emefiele on Tuesday declared the bank’s intention to add milk to forex restriction list sooner than expected. The announcement came on a day that Monetary Policy Committee (MPC) of the apex bank unanimously voted to retain all the base rates at their levels for the third time since March 2019.Emefiele had said in January that CBN via IFTTT