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Business

Again, CBN raises Customs import duty rate to N1, 481/$1

The Central Bank of Nigeria (CBN) has increased the exchange rate for Nigeria Customs Service (NCS) import duty rate at the nation’s seaports.The rate...

Business

‘Increase in exchange rate for import duty calculation will hurt businesses, aggravate poverty’

The Centre for the Promotion of Private Enterprise (CPPE) has bemoaned the recent decision by the Central Bank to increase the customs exchange rate...

Business

CBN’s Upward Adjustment Of Customs Exchange Rate Will Hurt Businesses, Discourage Investors— CPPE Warns

The Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Mr. Muda Yusuf has warned of the dangers surrounding the increase...

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