CBN Again, Increases Exchange Rate for Cargo Clearance

CBN Makes Another Exchange Rate Adjustment on Customs Platform with 24 Hours

While stakeholders were groaning over CBN’s adjustment of the exchange rate on the Customs platform from N951.941/$1 it was in December to N1,356.883 on Friday, February 2, it again, reviewed the rate to N1,413.62/$1 on Saturday, February 3, 2023. Going down memory lane, the CBN on June 24, 2023, adjusted the exchange rate from N422.30/$1 […]

Keep Reading