FX Rates

Just In: CBN Resumes Fx Sale To BDCs At N1,021/$1

The Central Bank of Nigeria (CBN) has reestablished the sale of foreign exchange (forex) to Bureau De Change (BDC) operators. The apex bank is presently offering forex to them at an exchange

CBN Exchange Rate Intervention Spurs Importers’ Relief Amid Customs FX Rate Decline T0 N1,238/$1

Importers in Nigeria have found a silver lining in the dip in the FX rate used by the Nigeria Customs Service (NCS) for clearance of goods. The rate, which dropped from N1,246.66/$

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

The Nigerian naira is flexing its muscle against the U.S. dollar, prompting revisions in customs import duty FX rates. Yesterday, the customs exchange rate for cargo clearance peaked at N1,330.36 per USD,

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Just In: CBN Resumes Fx Sale To BDCs At N1,021/$1

CBN Exchange Rate Intervention Spurs Importers’ Relief Amid Customs FX Rate Decline T0 N1,238/$1

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

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