Businesses pay 23% more in import duties on volatile naira
Businesses and manufacturers that import critical production inputs are now paying 23 percent more as Customs import duties with the...
- Saturday, May 11, 2024
BusinessDay
Businesses and manufacturers that import critical production inputs are now paying 23 percent more as Customs import duties with the...
The United States has reaffirmed its commitment to helping Nigeria tackle prevailing critical issues plaguing the nation, including insecurity, infrastructure...
Nigerian companies are paying overdue dollar obligations after recent central bank reforms led to increased liquidity in the West African...
ABCON is establishing unified retail end fx market operations to tackle volatility and boost regulatory compliance within the BDC sub-sector....
The naira, Nigeria‘s currency, has continued to fall across official and unofficial foreign exchange (FX) as speculators scoop dollars amid...
Data showing the Central Bank of Nigeria’s (CBN) scant interventions in the foreign exchange market prove that it is not...
Nigeria’s once-illiquid foreign exchange market is fast turning the corner, with liquidity climbing to pre-COVID levels in relief for the...
Turnover at Nigeria’s foreign exchange market jumped to the highest in a single day since 2017 on Tuesday, as a...
Billion-dollar new port and marine projects in Nigeria in their preliminary development stages are contending with higher cost of borrowing...
Seventeen firms in Nigeria recorded a marginal rise in shareholder’s funds as foreign exchange losses caused by naira devaluation dampened...
