importers
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Nigeria Naira Weakens: Surge in Customs FX Duty Rate Adds Strain on Importers
Amidst a turbulent economic landscape, the Nigerian naira continues its downward spiral against the United States dollar, amplifying concerns about the stability of the country's currency and its impact on trade dynamics. In a significant development, the Central Bank of Nigeria (CBN) has raised...- Nigeria News
- Article
- 2 min read
- customs fx duty rate importers nigerian naira
- Category: Business
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Nigeria Rate for Cargo Clearance in Nigeria Now N1515 to $1 - CBN
The Central Bank of Nigeria (CBN) has announced an adjustment in the exchange rate for the clearance of goods, increasing it from N1444.56/$ to N1515.09 against the USD. This marks a noteworthy rise of N70.53 compared to the previous rate, reflecting the CBN's continued efforts to align official...- Nigeria News
- Article
- 2 min read
- cbn central bank of nigeria economic reforms exchange rate goods clearance importers naira depreciation rate for good clearance
- Category: Business
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