Business
BREAKING: FG Increases Exchange Rate For Cargo Clearance Amid Forex Crisis, See New Rate
The updated rate has been observed on the Nigeria Customs Service portal.
The Federal Government through the Central Bank of Nigeria, has raised the exchange rate for cargo clearance from N783/$ to N952/$.
Recall that in November, the government reviewed its exchange rate for cargo clearance to N783 per dollar from N757 per dollar, representing a 3.4 per cent increase.
The development comes amid the continued forex crisis since the apex bank floated the Naira in June.
Subsequently, the updated rate has been observed on the Nigeria Customs Service portal.
VerseNews reports that Naira depreciated against the US dollar to N951.22/$1 on Wednesday from N806.73/$1 on Tuesday.
‘Stop Calling Bandits Muslims’: Sultan of Sokoto Speaks on Wiping out Christians in Nigeria
The Sultan of Sokoto, Saad Abubakar III, has dismissed fears of religious extermination in Nigeria.
‘₦910 Monthly Laundry Allowance’: Alleged Worker Dangote leaks Staff Salary Payslip Online, Work Conditions
An alleged salary breakdown and working conditions of a Dangote Group employee have gone viral on X, sparking mixed reactions...
Carter Efe Confesses About the Spiritual Steps He Took Before Defeating Portable (Video)
Streamer Carter Efe has sparked online reactions after revealing a surprising spiritual experience he claims helped him defeat Portable in...
WATCH: Video of a Bride Dozing off at Her Own Wedding Ceremony Trends Online
A bride has gone viral after she was caught sleeping during her white wedding ceremony, sparking mixed reactions online.
‘I Could Take a Bullet for Him’ — Davido’s Driver Mr Solo Sparks Buzz With Emotional Loyalty Confession
Davido’s longtime driver, Mr Solo, has gone viral after openly expressing his deep loyalty and admiration for the Afrobeats star.
Akpabio, Oshiomhole Clash as Senate Reverses Controversial Principal Offices Rule
The Senate has rescinded parts of its controversial Standing Orders amendments after concerns over constitutional inconsistencies...
‘I’m not having a baby for you’: Jarvis tells Peller Why She Can’t Get Pregnant for Him (Video)
Popular content creators Peller and Jarvis have set social media buzzing after a playful but revealing exchange about pregnancy rumors...
National Assembly Okays N2.29tn FCT Budget, Sets 76% for Capital Projects
The National Assembly has approved a N2.285tn statutory budget for the Federal Capital Territory, with over 76 per cent allocated...
2027: Jonathan considers comeback as court hears eligibility suit today
Former President Goodluck Jonathan says he will consult widely before deciding on a possible 2027 presidential bid, as a court...
NECO to Begin Computer-Based Examinations — FG
The Federal Government says NECO will begin computer-based examinations this year as part of efforts to tackle examination malpractice and...
You must be logged in to post a comment Login