{"id":117537,"date":"2024-04-30T17:12:43","date_gmt":"2024-04-30T16:12:43","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162"},"modified":"2024-04-30T20:58:31","modified_gmt":"2024-04-30T19:58:31","slug":"naira-depreciation-cbn-raises-custom-exchange-rate-by-n162","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162","title":{"rendered":"Naira depreciation: CBN raises Custom exchange rate by N162"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Central Bank of Nigeria, CBN, has increased the exchange rate for calculating tariff and import duties collection at the Nation\u2019s seaports and airports by N162.51 amid the Naira depreciation.<\/p>\n

The apex bank\u2019s data showed that customs exchange increased to N1327.35 per dollar on Monday from N1,164.84 per dollars on Sunday.<\/p>\n

This represents a 12.2 per cent or N162.51 increment.<\/p>\n

This development means the Dollar remains rising in the Nation\u2019s foreign exchange market.<\/p>\n

FMDQ data showed that the Naira lost N79 against the Dollar in the foreign exchange market on Monday.<\/p>\n

Nigeria\u2019s custom exchange rate has been consistently affected by the fluctuation in the forex market.<\/p>\n

The Centre for the Promotion of Private Enterprise\u2019s Chief Executive Officer, Dr Muda Yusuf, advocated that the customs exchange rate should be fixed for at most N1,000 per Dollar for at least six months.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Central Bank of Nigeria, CBN, has increased the exchange rate for calculating tariff and import duties collection at the Nation\u2019s seaports and airports by N162.51 amid the Naira depreciation. The apex bank\u2019s data showed that customs exchange increased to N1327.35 per dollar on Monday from N1,164.84 per dollars on Sunday. This […]<\/p>\n","protected":false},"author":84,"featured_media":117536,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,28,2660],"tags":[1570,2140,503,1623,254],"class_list":["post-117537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-to-homepage","tag-africa-press","tag-africa-press-nigeria-2","tag-cbn","tag-naira","tag-nigeria"],"yoast_head":"\nNaira depreciation: CBN raises Custom exchange rate by N162 - Nigeria<\/title>\n<meta name=\"description\" content=\"The Central Bank of Nigeria, CBN, has increased the exchange rate for calculating tariff and import duties collection at ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira depreciation: CBN raises Custom exchange rate by N162\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Nigeria, CBN, has increased the exchange rate for calculating tariff and import duties collection at ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-30T16:12:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-30T19:58:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/04\/sm_1714485557.631241.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naira depreciation: CBN raises Custom exchange rate by N162\",\"datePublished\":\"2024-04-30T16:12:43+00:00\",\"dateModified\":\"2024-04-30T19:58:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162\"},\"wordCount\":165,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/04\/sm_1714485557.631241.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"CBN\",\"naira\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\",\"homepage-english\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciation-cbn-raises-custom-exchange-rate-by-n162\",\"name\":\"Naira depreciation: CBN raises Custom exchange rate by N162 - 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