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Business

Again, Customs raises FX rate for import duties to N1, 373/$

For the umpteenth time, the Nigeria Customs Service (NCS) has adjusted the foreign exchange rate for import duties to N1,373.64 per dollar.This represents a...

Business

Expect ups and downs in FX rate movement, CBN boss, Cardoso advises

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has advised Nigerians to expect an up and down movement in the rate...

News

Power minister says electricity tariff may reduce if FX rate drops below N1,000$1

Adebayo Adelabu, minister of power has expressed optimism that electricity tariff will reduce if the foreign exchange (FX) rate drops below N1,000$1.This follows the...

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