import duty
-
Nigeria Nigerians Await Outcome of FG's 180-Day Food Price Reduction Initiative
Fed Govt Launches 180-Day Plan to Lower Food Prices with Duty-Free Imports and Strategic Agriculture Initiatives. Minister Abubakar Kyari outlines measures to stabilize food costs and boost production nationwide. In response to the escalating food prices across Nigeria, the Ministry of...- Nigeria News
- Article
- 2 min read
- agriculture and food security federal government initiative food price reduction import duty nigeria food prices
- Category: Politics
-
Nigeria Nigeria Customs Service Raises Import Duty FX Rate to N1,474.69 per Dollar
The Nigeria Customs Service adjusts import duty FX rate to N1,474.69 per dollar, marking a 23.2% increase from the previous rate. This change, reflected on the government's trade portal, aligns with customs' practice. The Nigeria Customs Service (NCS) has increased the foreign exchange (FX)...- Nigeria News
- Article
- 1 min read
- customs duties foreign exchange rate fx rate adjustment import duty nigeria customs service
- Category: Business
-
Nigeria CBN Adjusts Import Duty FX Rate to N1,457/$ Amid Naira Depreciation
Amidst Naira's depreciation to N1,515/$, the Central Bank of Nigeria increases the import duty exchange rate to N1,457/$. This 3% hike poses challenges for importers, with the former Shippers Association president criticizing the instability. Analysts foresee continued Naira depreciation unless...- Nigeria News
- Article
- 1 min read
- central bank of nigeria economic policy foreign exchange rate import duty naira depreciation
- Category: Business
-
Nigeria More Woes for Nigerian Businesses as CBN Increases Import Duty by Another 4.4% in Just One Day
The Central Bank of Nigeria (CBN) has increased the Customs exchange rate for import duty once again, escalating from N1,356.883 per dollar to a staggering N1,413.62 within 24 hours. This swift move comes on the heels of a 43% increase in the Customs import duty rate announced the day before...- Nigeria News
- Article
- 1 min read
- cbn import duty yemi cardoso
- Category: Politics
About Nigerian Bulletin
Nigerian Bulletin is your gateway to top news, specialized lifestyle topics, and a unique, curated marketplace. It connects Nigerians worldwide with crucial updates and opportunities and is ideal for engaging press releases, effective sponsored posts, banner ads, and product showcases.