By IkenMarch 18, 2024Nigeria’s Import Food Inflation Hits Record 29.8% Amid Currency Depreciation Business March 18, 2024By Iken Nigeria experienced its highest level of imported food inflation in February 2024, up 352 basis points from 26.3% to 29.8%…
By IkenFebruary 13, 2024Import Duty FX Rate Increased for the Fourth Time in February to N1,444.56/$ Business February 13, 2024By Iken The benchmark foreign exchange (FX) rate used to calculate import tariffs has increased to N1,444.56/$ for the fourth time in…
By Hassan HarunaNovember 23, 2023House of Reps seeks import ban on all locally produced items in Nigeria News November 23, 2023By Hassan Haruna Several members of the House of Representatives are recommending the imposition of a ban on the importation of items that…