Expensive Yuletide Ahead As CBN Raises Customs’ Rate By 21.5%

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Expensive Yuletide Ahead As CBN Raises Customs’ Rate By 21.5%

« on: December 08, 2023, 07:03:07 AM »

Expensive Yuletide Ahead As CBN Raises Customs’ Rate By 21.5%

Expenses for the yuletide and new year celebrations are set to rise way out of the reach of many Nigerians as the Central Bank of Nigeria (CBN), again, raised the exchange rate from N783.174/$1 to N951.941/$1 indicating an increase of 21.5 per cent. With the current increase in the benchmark exchange rate for clearing of […]

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