CBN Increases Customs Forex Duty Rate As Naira Weakens
The Central Bank of Nigeria (CBN) has further increased the exchange rate for calculating customs duties at the nation’s seaports ...
Tag: Naira
Nigeria Faces 35% Naira Depreciation Risk, 44% Inflation Peak – IMF
The International Monetary Fund (IMF) has warned that Nigeria's exchange rate could depreciate 35 per cent this year. The bank ...
Naira Crumbles To N2,000/1£ At Parallel Market
Nigeria’s Naira is currently exchanging above 2,000 naira against the Great Britain Pound at the parallel market. A Bureau de ...
Naira Crashes To All-Time Low At Official Market
On Monday, the naira hit an all-time low of N1,534 per dollar on Nigeria's official Autonomous Foreign Exchange Market. According ...
International Money Transfer Operators To Pay In Naira
Following the recent directive by the Central Bank of Nigeria (CBN) restricting the operations of International Money Transfer Operators to ...
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