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CBN lifts forex restriction on 43 items

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 •CBN Governor, Yemi Cardoso
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The Central Bank of Nigeria (CBN) has restated commitment to boost liquidity in the Foreign Exchange (FX) market.

CBN’s Director, Corporate Communications, Dr Isa AbdulMumin, made this known on Thursday in Marrakech.

AbdulMumin also announced that Importers of all the 43 items previously restricted in 2015 are now allowed to purchase foreign exchange in the Nigerian FX market.

He said that the apex bank would continue to promote orderliness and professional conduct by all participants in the market.

According to him, the idea is to ensure that market forces determined exchange rates on a “Willing Buyer-Willing Seller” principle.

“The CBN reiterates that the prevailing FX rates should be referenced from platforms such as the CBN website, FMDQ, and other recognised or appointed trading systems.

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“This is to promote price discovery, transparency, and credibility in the FX rates,” he said.

The director said that as part of its responsibility to ensure price stability, the apex bank would boost liquidity in the Nigerian FX market by interventions from time to time.

“As market liquidity improves, these CBN interventions will gradually decrease.

“The CBN is committed to accelerating efforts to clear the FX backlog with existing participants and will continue dialogue with stakeholders to address the issue.

“The CBN has set as one of its goals the attainment of a single FX market. Consultation is ongoing with market participants to achieve this goal, ” he said.

Below is the full list of the 43  items:

1. Rice

2. Cement

3. Margarine

4. Palm kernel

5. Palm oil products

6. Vegetable oils

7. Meat and processed meat products

8. Vegetables and processed vegetable products

9. Poultry and processed poultry products

10. Tinned fish in sauce (Geisha)/sardine

11. Cold rolled steel sheets

12. Galvanized steel sheets

13. Roofing sheets

14. Wheelbarrows

15. Head pans

16. Metal boxes and containers

17. Enamelware

18. Steel drums

19. Steel pipes

20. Wire rods (deformed and not deformed)

21. Iron rods

22. Reinforcing bars

23. Wire mesh

24. Steel nails

25. Security and razor fencing and poles

26. Wood particle boards and panels

27. Wood fiberboards and panels

28. Plywood boards and panels

29. Wooden doors

30. Toothpicks

31. Glass and glassware

32. Kitchen utensils

33. Tableware

34. Tiles-vitrified and ceramic

35. Gas cylinders

36. Woven fabrics

37. Clothes

38. Plastic and rubber products

39. Polypropylene granules

40. Cellophane wrappers and bags

41. Soap and cosmetics

42. Tomatoes/tomato pastes

43. Eurobond/foreign currency bond/ share purchases

 

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FG confirms Ebola case in FCT, identifies 44 contacts

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The Federal Government has confirmed a case of Ebola disease in the Federal Capital Territory (FCT), identifying 44 close contacts as health authorities intensify efforts to contain the infection and prevent further spread.

The Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, disclosed this in a statement issued on Tuesday, October 20, 2026, following laboratory confirmation of the case.

According to the statement, the patient is a woman who recently arrived in Nigeria on an international flight from Uganda.

She was admitted to a private hospital in the FCT, where she received treatment for several days before the diagnosis was confirmed.

The Minister said the patient was currently in isolation and receiving medical care.

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He added that the Federal Ministry of Health and Social Welfare, the Nigeria Centre for Disease Control and Prevention (NCDC), the FCT Health Services Secretariat and other relevant authorities were working together to contain the infection.

Contact tracing has commenced, with public health teams identifying and monitoring individuals who may have been exposed to the patient, including healthcare workers, patients, caregivers and travel contacts.

The government has also intensified disease surveillance, while the hospital where the patient received treatment is being supported to strengthen its infection prevention and control measures.

The Federal Government called on public and private healthcare facilities across the country to remain on high alert and promptly report suspected cases to public health authorities.

It urged healthcare workers to maintain a high index of suspicion, identify and isolate suspected cases without delay, and strictly observe infection prevention and control protocols.

The government also explained that Ebola spreads through direct contact with the blood or other body fluids of an infected person who is sick or has died from the disease, as well as contact with contaminated materials.

It further clarified that a person infected with Ebola cannot transmit the disease before symptoms develop.

The government urged Nigerians to remain informed and follow public health guidance as authorities continue efforts to contain the confirmed case and prevent further transmission.

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Afenifere leader, Fasoranti, dies at 100

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Late Pa Reuben Famuyide Fasoranti
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Pa Reuben Famuyide Fasoranti, the revered Yoruba elder statesman and national leader of the pan-Yoruba socio-political organisation, Afenifere, has died at the age of 100.

Announcing the death of the centenarian, Governor Lucky Aiyedatiwa, in a statement personally signed on Tuesday, mourned the death of the elder statesman and community leader.

Aiyedatiwa described the late Fasoranti as a symbol of wisdom, integrity and selfless service whose contributions to the development of Ondo State, Yorubaland and Nigeria would remain indelible.

The governor, in a condolence message issued on Tuesday, said the centenarian’s fatherly counsel, guidance and principled positions on justice and good governance would be sorely missed.

He said Fasoranti lived a fulfilled life and left behind an enduring legacy that would continue to inspire generations.

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“Pa Fasoranti was a patriarch, a beacon of wisdom, integrity and selfless service whose century-long life was marked by uncommon commitment to the development of our dear State, Yorubaland and Nigeria at large,” Aiyedatiwa said.

Aiyedatiwa, who expressed sadness over the elder statesman’s death, said his administration and the people of Ondo State shared in the grief of the deceased’s family and associates.

On behalf of the state government and its people, the governor extended his condolences to the Fasoranti family, the people of Akure Kingdom, and the entire state over the loss.

He prayed for the peaceful repose of the deceased’s soul.

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APC Campaign Council Denies Plot to Assassinate Atiku, Says Security Intact

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Atiku Abubakar
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The All Progressives Congress (APC) Presidential Campaign Council has denied allegations of a plot to assassinate former Vice-President Atiku Abubakar, the African Democratic Congress (ADC) presidential candidate for the 2027 general election.

Dele Alake, spokesperson for the APC Campaign Council, made the denial while reacting to the allegation raised by Timi Frank, a member of the ADC.

The council urged Frank to submit any evidence in his possession to the relevant law enforcement agencies for investigation, stressing that any credible threat to life must be treated seriously, irrespective of political affiliation.

It categorically denied any involvement by President Bola Tinubu, the Presidency or the APC in an alleged plot targeting Atiku or any other opposition figure.

The council also dismissed reports that security personnel attached to the former vice-president had been withdrawn, insisting that Atiku remained protected by the Nigeria Police Force and the Department of State Services (DSS).

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According to the statement, President Tinubu recently directed security agencies to strengthen security arrangements for all presidential, vice-presidential, governorship and deputy governorship candidates ahead of the 2027 general elections.

Reacting to the political implications of the allegation, Alake described the assassination claims as “typical opposition rabble-rousing”, accusing those behind them of attempting to heighten political tension and attract international attention through social media.

“Let our political competition be peaceful, lawful, and focused on the big issues that matter to Nigerians, not character assassination or wild, baseless allegations,” the statement read.

The APC Campaign Council further highlighted Tinubu’s longstanding experience in opposition politics, urging candidates, political parties and their supporters to remain factual and responsible in their public statements.

It called on political actors to uphold democratic values and ensure that the build-up to the 2027 general elections remains peaceful, lawful and focused on issues affecting Nigerians.

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