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…

Peter Obi kicks as Customs raises import duty exchange rate again

  The Nigeria Customs Service (NCS) and Central Bank of Nigeria (CBN) have again raised the…

Exchange rate: Customs hikes duties, levies on imports 

The Nigeria Customs Service (NCS) has increased the official exchange rate it uses to calculate import…

NECA faults CBN over exchange rate adjustment 

  The Director-General, Nigeria Employers Consultative Association (NECA), Timothy Olawale, has faulted the adjustment of the…

What’s your view on the increase in benchmark exchange rate for import duty payment?

The decision is uncalled for. It buttressed the insensitivity of the ruling class to the plight…

LCCI, agents seek reversal of new import duty exchange rate

  The Lagos Chambers of Commerce and Industry (LCCI), has appealed to the Central Bank of…

Importers, agents to pay more as Customs raises duty exchange rate to N326/$

The Nigeria Customs Service has increased import duty rate from N306 to N326 per dollar following…

Liquidity boost to BDCs narrows exchange rate gap- Gwadabe

The President of Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, says…

Senate passes MTEF, approves N305 dollar exchange rate

Almost four months after President Muhammadu Buhari forwarded the 2017, 2018 and 2019 Medium Term Expenditure…

FG to close gap between official and black market exchange rate 

Nigeria needs to close the gap between the official and black market rates for the Naira…