CBN Raises Customs Duty Rate By 2.6%, 5th Time In 2024
Misery of Nigerian importers have continued to worsen as the Central Bank of Nigeria (CBN), on Wednesday, readjusted the Customs exchange rate from N1444.56/$1 to N1,481.482/$1. According to information gathered, the exchange rate was reviewed upward by N36.922 that is, 2.56 per cent against the last increment, in the early hours of Wednesday, 14th February, …
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