The Central Bank of Nigeria (CBN) has approved a reduction of 1.9% in the Customs Foreign exchange duty rate for …
Read More »Tag Archives: rate
Top firms suffer N656 bn exchange rate loss and inflation fears amid forex market crisis
The Nigerian foreign exchange market has been under severe pressure in recent months as the demand for dollars outstrips the …
Read More »Manufacturers express mixed reactions on floating exchange rate regime
By Rukayat Moisemhe The Manufacturers Association of Nigeria (MAN) has projected a mixed outcome on the impact of the floating …
Read More »Unify exchange rate but don’t float naira, financial expert urges CBN
By Kadiri Abdulrahman A financial expert, Prof. Uche Uwaleke, says it is commendable for the Central Bank of Nigeria (CBN) …
Read More »Multiple Exchange Rate: Economist urges FG to heed W’Bank warning
By Lydia Ngwakwe An economist, Prof. Akpan Ekpo, has advised the Federal Government to heed to the advice of …
Read More »BREAKING: Tinubu announces the remover of fuel subsidy, to unify exchange rate
Nigerian President, Asiwaju Bola Tinubu has announced the remover of the contentious petroleum subsidy, saying that the 2023 budget that …
Read More »Buratai raises concern over high rate of cervical cancer in Nigeria
By Salisu Sani-Idris Cancer Former Chief of Army Staff, Brig.-Gen. (rtd) Tukur Burutai, has expressed concern over the high rate …
Read More »Nigeria’s inflation rate hits 21.91 in February 2023 — NBS
By Okeoghene Akubuike The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 21.91 per cent on …
Read More »