Tag: CBN, exchange rate, NECA
NECA faults CBN over exchange rate adjustment
The Director-General, Nigeria Employers Consultative Association (NECA), Timothy Olawale, has faulted the adjustment of the naira by the Central Bank of Nigeria...
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 of the citizens. A time when government all over the world are...
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 Nigeria (CBN) to reverse the new exchange rate on import duty payable on...
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 a new foreign exchange policy by the Central Bank of Nigeria (CBN)....
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 lower exchange rate gap is due to liquidity boost to the BDCs...
Senate passes MTEF, approves N305 dollar exchange rate
Almost four months after President Muhammadu Buhari forwarded the 2017, 2018 and 2019 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF and FSP) to both...
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 against the dollar “very soon”, Vice President Yemi Osinbajo said on...
