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Expect Abandoned Cargoes, Low Imports, As CBN Raises Customs Rates To N1,356.9/$1 – Experts - Vimarsana News

Expect Abandoned Cargoes, Low Imports, As CBN Raises Customs Rates To N1,356.9/$1 – Experts

Following the adjustment of exchange rate on the single window for trade by the Central Bank of Nigeria (CBN), from N951.941/$1 to N1,356.883/$1 experts have

Naira: Importers Groan As Customs Raise Exchange Rate To N589.45/$1 - Vimarsana News

Naira: Importers Groan As Customs Raise Exchange Rate To N589.45/$1

The increment recorded was as a result of the floating of naira that allowed market forces determine the exchange rate of its currency. When the CBN dictated