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CBN asks Customs to adopt same FX rate for importation and clearance of goods

The Central Bank of Nigeria (CBN) has directed the Nigerian Customs Service (NCS) to adopt the same forex rate for importation and clearance of...

Nigerian govt gives five-year deadline to end wheat importation

Minister of Agriculture, Abubakar Kyari, has given a five-year deadline for Nigeria to end the importation of wheat which he says is gulping the...

Nigeria’s capital importation drops to $1.13bn, Lagos tops destination list

Lagos State attracted the highest capital importation by states in the first quarter (Q1) 2023, as Nigeria’s total capital importation stood at $1.13 billion...

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