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…

What is your take on CBN’s plan to redesign major naira notes?

The decision by the Central Bank of Nigeria (CBN) to redesign some new naira notes is…

CBN’s move to end black money: Lessons from India

    The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, last Wednesday announced that…

Non-remittance of dollars by NNPC behind Naira crisis, says CBN

Non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for…