Livenews.ng
  • Home
  • News
    • Nigeria
    • Africa
    • World
  • Health
  • Entertainment
  • Sports
  • Business
  • Politics
  • Education
  • Technology
No Result
View All Result
  • Home
  • News
    • Nigeria
    • Africa
    • World
  • Health
  • Entertainment
  • Sports
  • Business
  • Politics
  • Education
  • Technology
No Result
View All Result
Livenews.ng
No Result
View All Result
Home Business

CBN plans to ban importation of maize

by Matthew Ope
July 14, 2020
in Business, Nigeria
CBN plans to ban importation of maize

CBN plans to ban importation of maize

The Central Bank of Nigeria (CBN) has directed all authorised dealers to discontinue the processing of Form M for the importation of maize with immediate effect.

The ban process by CBN, was made known in a circular signed by Dr. Ozoemena Nnaji, the Director of Trade and Exchange Department of the apex bank in Abuja. on the importation of maize.

READ ALSO: CBN Tells Nigerian Banks To Refund All Customers For Failed Transactions On ATMs And POS

Form M is a mandatory statutory document to be completed by all importers for the importation of goods into the country. The apex bank directed all authorised dealers to submit the list of form M already registered for the importation of maize.

The bank enjoined the dealers concerned to do so on or before the close of business on Wednesday. It explained that the step was part of CBN’s efforts to increase local production and stimulate a rapid economic recovery. The bank added that the measure was to also safeguard rural livelihood and increase job which had been lost due to ongoing COVID-19 pandemic.

Join us for live updates on:

Whatsapp | Twitter | Facebook | Instagram 

Tags: Apex bankCBNCOVID-19DirectorImportationMaizeNigeriaOzoemena Nnaji
Next Post
Minister: 3,600 Rape Cases Recorded During Lockdown

Minister: 3,600 Rape Cases Recorded During Lockdown

Ghana arrests two Nigerians for Kidnapping, Human trafficking

Ghana arrests two Nigerians for Kidnapping, Human trafficking

BREAKING: 2021 Budget scales second reading

Nigeria: Senate passes bill, prescribes life jail for kidnappers 

Recommended

Fireboy DML drops sophomore album “Apollo”

Fireboy DML drops sophomore album “Apollo”

8 months ago
BBNaija 2020:' I did not have sex with Praise' – Ka3na (video)

BBNaija 2020: ‘ I did not have sex with Praise’ – Ka3na (video)

9 months ago
Michael Owen predicts EPL clash at Old Trafford

Michael Owen predicts EPL clash at Old Trafford

6 months ago
BREAKING: Court revokes Maina’s son, Faisal’s bail

BREAKING: Court revokes Maina’s son, Faisal’s bail

5 months ago

Recent News

2weird – Letter to Small Slekky In Heaven EP
Entertainment

2Weird releases, ‘Letter to Small Slekky In Heaven EP’

by Adewunmi Kay
April 15, 2021
0

Onitsha-born artiste, Azubike Jerome Anieka known as 2weird has released a brand new project titled Letter to Small Slekky In...

CBN places ban on Cryptocurrencies trading.

CBN places ban on Cryptocurrencies trading.

February 5, 2021
US President, Joe Biden lifts Travel Ban on Muslim & African countries.

US President, Joe Biden lifts Travel Ban on Muslim & African countries.

January 21, 2021
COVID-19: Reps Oppose School Resumption.

COVID-19: Reps Oppose School Resumption.

January 17, 2021
Former minister of commerce, Jubril Martins-Kuye dies at 78

Former minister of commerce, Jubril Martins-Kuye dies at 78

January 17, 2021
Donald Trump Impeached For Inciting US Capitol Riot.

Donald Trump Impeached For Inciting US Capitol Riot.

January 14, 2021

Highlights

COVID-19: Reps Oppose School Resumption.

Former minister of commerce, Jubril Martins-Kuye dies at 78

Donald Trump Impeached For Inciting US Capitol Riot.

Commercial drivers protest, leave passengers stranded in Lagos.

BVN generated NIN must be verified to access NIMC mobile app

Nancy Pelosi takes further steps to remove Trump

Trending

  • Secondary school students caught on camera having group sex

    Secondary school students caught on camera having group sex

    0 shares
    Share 0 Tweet 0
  • BBNaija 2020: Nengi caught in the act again.

    0 shares
    Share 0 Tweet 0
  • Jungle justice: Two Boys allegedly Burnt Alive after Being Accused of Stealing

    0 shares
    Share 0 Tweet 0
  • “I don’t want to see you in my house” – Niniola warns Teni

    0 shares
    Share 0 Tweet 0
  • Kemi Olunloyo blames late Nicole Thea for her death.

    0 shares
    Share 0 Tweet 0
  • BBNaija: Praise and Ka3na sex scene – See Video

    0 shares
    Share 0 Tweet 0
  • Police Arrests Actress Akuapem Poloo For Going Naked With Her Son On His Birthday

    0 shares
    Share 0 Tweet 0
  • 75-year-old woman pours pepper into 11-year-old girl private parts and eyes

    0 shares
    Share 0 Tweet 0
  • Fans Pay Tribute To Bob Marley 39 Years After His Demise

    0 shares
    Share 0 Tweet 0
  • Fathia Williams consoles Iyabo Ojo on loss of mother

    0 shares
    Share 0 Tweet 0
Livenews.ng

Live News Nigeria is an online newspaper platform for dissemination of happenings around us and useful information.

Recent News

  • 2Weird releases, ‘Letter to Small Slekky In Heaven EP’ April 15, 2021
  • CBN places ban on Cryptocurrencies trading. February 5, 2021
  • US President, Joe Biden lifts Travel Ban on Muslim & African countries. January 21, 2021

Pages

  • About Us
  • Contact Us
  • Home
  • Privacy Policy
  • Terms and Condition

© 2020 LiveNews Nigeria - All rights belong to their respective owners.

No Result
View All Result
  • Home
  • News
    • Nigeria
    • Africa
    • World
  • Health
  • Entertainment
  • Sports
  • Business
  • Politics
  • Education
  • Technology

© 2020 LiveNews Nigeria

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.