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Nigeria imports 4bn dollars worth of steel annually – Minister

Nigeria imports 4bn dollars worth of steel annually – Minister

"Mr President want us to reverse this trend; he wants to ensure that most of the steel consumed in Nigeria is produced locally to reduce the pressure on foreign exchange."

29 Feb 2024 8:45 PM IST
CBN amends FX rates for customs duty on importation

CBN amends FX rates for customs duty on importation

The NCS had adjusted its FX rate for tariffs and duty collection to N1,413 to the dollar on Feb. 3.

24 Feb 2024 6:13 PM IST