Naira gains as Customs lowers Import Duty exchange rate
The Nigeria Customs Service (NCS) has reduced the exchange rate for import duties from N1,584/$ on July 22 to N1,541/$, ...
Tag: Exchange Rate
Naira steadies as Customs holds FX Rate for Duties
The foreign exchange rate for import duties collection by the Nigeria Customs Service (NCS) has remained at N1474/$ for the ...
CIT Payments decline in 14 Economic Sectors in Q1 2024
Company Income Tax (CIT) payments by businesses in 14 out of 21 economic sectors fell in the first quarter of ...
Nigeria Confronts Dollar Shortage Crisis
The Central Bank of Nigeria (CBN) has released alarming data showcasing the severity of the dollar supply shortage as the ...
Nigeria Customs Sees Drop in Clearance Exchange Rate
The exchange rate utilized for cargo clearance and goods entry points by the Nigeria Customs Services (NCS) has experienced a ...
CBN Slashes Cargo Clearance Exchange Rate by N20.91
The Central Bank of Nigeria (CBN) has announced a reduction in the exchange rate for cargo clearance at Customs area ...
Chinese Yuan weakens to 7 against dollar
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 32 pips to 7.1087 against the dollar ...
Otti to Nigerians: Tinubu came in at a difficult time, bear with him
Governor Alex Otti of Abia has urged Nigerians to exercise patience with the Economic Policies initiated by President Bola Tinubu, ...
