The Central Bank of Nigeria (CBN) has announced the suspension of approvals for the extension…
Tag: CBN
Respite for Nigerian Importers as CBN Adjusts Forex Rate for Customs Duty
In a move set to provide much-needed relief for Nigerian importers and their agents, the…
CBN to discontinue importers price verification system next week
The Central Bank of Nigeria (CBN) has said that it will discontinue the foreign exchange…
CBN pegs import duty exchange rate on Form M opening
The Central Bank of Nigeria (CBN) has advised the Nigeria Customs Service (NCS) to adopt…
It is detrimental to the masses — Stakeholders blast Customs, CBN over 48% hike in import duty
Stakeholders in the maritime and organised private sectors have lambasted the Nigeria Customs Service (NCS)…
More trouble for Nigerians as CBN raises import duty rate to N1,423/$
Barely 24 hours after it increased the Customs exchange rate to N1,356.883 per dollar on…
VOX POP: Nigerians speak on lifting of forex ban on 43 items by CBN
Eight years after, the Central Bank of Nigeria (CBN), in a major monetary policy shift,…
CBN lifts forex ban on rice, cement, 41 others
The Central Bank of Nigeria (CBN) said it has lifted the ban on importers of…
FORM M must now be accompanied by Price Verification Report — CBN
The Central Bank of Nigeria (CBN) has said that effective August 31, 2023, all applications…
CBN denies devaluing Naira to 630 to USD
The Central Bank of Nigeria (CBN) on Thursday denied a report that it devalued the…
BREAKING: CBN vows to penalise shipping lines over undocumented exports
The Central Bank of Nigeria (CBN) has threatened to penalise shipping companies exporting undocumented cargoes…
What is your take on the introduction of new cash withdrawal limits by CBN?
I want to commend CBN on the cash withdrawal limitation and naira redesign policies. The…