The ban covered items such as rice, cement and poultry and was imposed in 2015 as part of the unorthodox policies under former Governor Godwin Emefiele in an effort to prop up the naira currency.
"As part of its responsibility to ensure price stability, the CBN will boost liquidity in the Nigerian Foreign Exchange Market by interventions from time to time. As market liquidity improves, these CBN interventions will gradually decrease," spokesperson Isa Abdulmumin said.More than 2,500 Israelis have sought sanctuary in Cyprus where the local Jewish community has come to their aid, the chief rabbi on the island said on Thursday.
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