importers
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Nigeria Naira Weakens: Surge in Customs FX Duty Rate Adds Strain on Importers
Amidst a turbulent economic landscape, the Nigerian naira continues its downward spiral against the United States dollar, amplifying concerns about the stability of the country's currency and its impact on trade dynamics. In a significant development, the Central Bank of Nigeria (CBN) has raised... -
Nigeria Rate for Cargo Clearance in Nigeria Now N1515 to $1 - CBN
The Central Bank of Nigeria (CBN) has announced an adjustment in the exchange rate for the clearance of goods, increasing it from N1444.56/$ to N1515.09 against the USD. This marks a noteworthy rise of N70.53 compared to the previous rate, reflecting the CBN's continued efforts to align official...
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