Tag: Customs Exchange Rate

CBN Slashes Customs Exchange Rate by 1.5%

CBN Slashes Customs Exchange Rate by 1.5%   For the second time in seven days, the Central Bank of Nigeria (CBN) has slashed the exchange rate for computing Customs duties at the nation’s seaports and airports from N1,617.96/$1 to N1,593.41/$1 representing 1.5% reduction. The slash, analysts argued, was as a[Read More…]

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