Exchange rate gains now 20% of FAAC allocation from 1.32%- Report
In the one year between May 2023 and April 2024, exchange rates gain as a constituent of the monthly FAAC ...
Tag: FX rate
Exchange rate for customs duties stays at N1,480/$
The exchange rate for customs duties collection has risen from N1467/$ to N1,480 just below the official market rate of ...
High FX rate, insecurity, others driving food inflation in Nigeria – CBN Committee
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has listed high foreign exchange rate on imported food ...
Exchange rate for Customs duty collections drops by N19, higher than official market rate
The exchange rate for duties collection by the Nigerian Customs Service (NCS) has dropped from N1,500/$ to N1,481 representing a ...
Exchange rate for customs duty jumps to N1530/$ as naira depreciates
The exchange rate for import duties collection by the Nigerian Customs Service (NCS) has increased by N38 from N1492/$ to ...
NERC reduces FX rate for calculating new tariff for Band A customers by 16.03%
The Nigerian Electricity Regulatory Commission (NERC) has reduced the exchange rate for calculating the current electricity tariff for Band A ...
Customs exchange rate for import duties rises to N1441/$, above official rate
The exchange rate for customs duty collection has increased to N1,441.53 to the USD in the past two days from ...
CPPE to CBN: Adopt quarterly FX rate for customs duty collection
The Centre for Promotion of Public Enterprise, (CPPE) has asked CBN to adopt a specific quarterly exchange rate for import ...
CBN raises exchange rate for customs duty collection to N1,327/$
The Central Bank of Nigeria (CBN) has increased the exchange rate for the Customs Service duty collection by N163. The ...
Customs FX rate for cargo clearance drops below official, parallel market prices
The exchange rate for cargo clearance has dropped below the prevailing official and parallel market rate to N1,164.84 to the ...
