CBN
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Customs
Vehicle import volume drops by 45 percent as exchange rates soar
Segun Oladipupo Statistics have revealed that vehicle import volume into Nigeria has dropped by 45 percent, container shipping into…
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Customs
JUST IN: CBN slashes Customs FX duty rate by 5.3% as naira stabilises
Segun Oladipupo The Central Bank of Nigeria (CBN) has further reviewed downward the Customs Foreign Exchange duty…
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Maritime
Farinto advises CBN to adopt predictive exchange rate workable for two quarters.
Segun Oladipupo The former Acting National President of the Association of Nigerian Licensed Customs Agents (ANLCA), Dr.…
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Business
CBN Warns FX Traders against reporting misleading, inaccurate information on transactions
The Central Bank of Nigeria (CBN) has asked all authorised dealers in the Foreign Exchange market to…
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Customs
BREAKING! FG lifts forex ban on cement, rice, 41 other items.
Segun Oladipupo The federal government has lifted foreign exchange ban on the importation of rice, cement, margarine and 40…
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Business
Breaking! CBN says Price Verification System now mandatory for all Form M requests.
Segun Oladipupo The Central Bank of Nigeria (CBN) has introduced a Foreign Exchange (FX) Price Verification System (PVS)…
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National
Tinubu suspends CBN Governor, Godwin Emiefiele from office
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect.…
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News
Naira scarcity: NLC orders workers to stay at home
Segun Oladipupo The Nigerian Labour Congress has issued a seven day ultimatum to the federal government and the Central…
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National
CBN affirms old and new notes as.legal tenders
The Central Bank of Nigeria (CBN) on Tuesday, declared that both old Nd redesigned notes are now legal tenders. This…
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National
Breaking! Supreme court orders spending of old naira notes till December, 2023.
The Supreme court of Nigeria on Friday ruled that the old Nigeria’s naira notes shall continue to be a legal…
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