Page 2 - Commodity Association News Today

By Nume Ekeghe About 300,000 metric tonnes of maize are to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) next month. Owing to this, the current price of maize N155,000 per metric tonne is expected to reduce significantly. According to a statement, the planned release followed moves made by the critical stakeholders, working with relevant government and security agencies, to put a halt to reprehensib...

The Central Bank of Nigeria (CBN), through its anchor borrowers' programme is set to release about 300,000 metric tonnes of maize into the Nigerian market by February.