The Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for import duties to N1,441.58 per dollar. This represents a 4.94 percent increase compared to the N1,373.64/$ adopted
Tag "Foreign Exchange Market"
The Economic and Financial Crimes Commission (EFCC) says 34 suspected currency speculators have been arrested for foreign exchange (FX) fraud. The EFCC, in a statement on Friday, said the arrest
The naira, on Monday, appreciated further at the parallel section of the foreign exchange market to N1,025 a dollar. This represents an appreciation of N15 or 1.44 percent compared to
The naira, on Monday, appreciated further at the parallel section of the market to N1,150 a dollar. This represents an appreciation of N80 or 6.5 percent compared to the N1,230
Tope Fasua, the special adviser to President Bola Tinubu on economic affairs, has called for a structural reform of Nigeria’s
The Central Bank of Nigeria (CBN) has announced an increase in the minimum capital requirement for Bureau de Change (BDC)
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