High petrol prices caused mainly by weak exchange rate – Rainoil CEO
The CEO of Rainoil Ltd, Dr. Gabriel Ogbeche has stated that the current high price of fuel in Nigeria is ...
Tag: FX rate
Naira ends September at lowest exchange rate in seven months at parallel market
The Naira closed September 2024 at N1,541 on the official NAFEM window, reflecting a slight improvement compared to its performance ...
Jitters for Naira as oil prices fall below $70 for the first time since 2021
Brent crude oil futures fell below $70 per barrel for the first time since December 2021, marking a new downturn ...
Nigerian businesses expect naira to depreciate in the next three months- CBN survey
Businesses in Nigeria say they expect the Naira to continue to depreciate in the next three months beginning from July ...
Nigeria risks losing cargoes to neighbouring countries over high customs FX rate – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria risks losing cargo to neighboring countries over ...
Customs exchange rate for duties collection crosses N1,600/$
The exchange rate for import duties collection by the Nigeria Customs Service (NCS) has risen to N1601.84/$ on the back ...
Exchange rate for customs duties collection rises above official market rate again
The exchange rate for duties collection by the Nigeria Customs Service (NCS) has risen by N3 above the official closing ...
Exchange rate for customs duties collection drops to N1,512/$
The exchange rate for customs duties collection has dropped from N1516/$ to N1512/$ between the 5th of July and 7th ...
Customs exchange rate for import duties rises to the highest in three months
The Nigeria Customs Service exchange rate for import duties collection has risen to N1508/$- the highest in the past three ...
FX rate for customs duties collection stays constant for three weeks as Naira stabilises
The foreign exchange rate for import duties collection by the Nigeria Customs Service (NCS) has stayed at N1474/$ in the ...
