CBN - Central Bank Of Nigeria
According to federal government statistics, supplies of crude oil to the Dangote Refinery and other nearby refineries are expected to begin on October 1, 2024.
A recent CBN data has shown how the Naira lost last week to close at N2035/£ to the british pound at the last trading day of the week, Friday, August 16.
The Central Bank of Nigeria revealed that the value of the naira depreciated against the British pound and the US dollar but appreciated against the euro.
The Nigeria Customs Service has said that rice imports via land borders still remain banned under the Customs Prohibition Act as the 150-day duty-free window begins.
Nigeria is using its domestic dollar bond market to make up for the infrastructure funding gaps, while the Eurobond market has not performed well.
Nigeria, which had intended to issue a Eurobond this year, has elected to postpone the offering and instead sell its first dollar bond on the local market.
Muda Yusuf, the CEO of the Centre for the Promotion of Private Enterprise(CPPE) has a message for the Central Bank of Nigeria on Customs exchange rate.
The Central Bank of Nigeria (CBN) has reduced the exchange rates for import duty in Nigeria's ports as FG begins implementing 150-day import duty-free window.
Amid the naira's struggles, the foremost Nigerian anti-graft agency, EFCC, has uncovered how Godwin Emefiele reportedly spent N18 billion during his tenure.
CBN - Central Bank Of Nigeria
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