AGS NEWS – The Nigeria Customs Service (NCS) has announced an increase in the foreign exchange (FX) rate for import duties to N1,441.58 per dollar, marking a 4.94 percent rise from the previous rate of N1,373.64/$ set on May 1. … Continue reading Customs raises import duty FX rate to N1,441 per Dollar
The President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa, anticipates a deceleration in the country’s inflation rate in 2024. In an exclusive interview on Friday, Idahosa attributed the recent acceleration of inflation to the removal of fuel … Continue reading LCCI forecasts decrease in inflation rate for 2024
Labour experts are raising concerns about the alarming rate of informal employment in the country, a situation that could potentially lead to significant losses in tax revenue for the government. In response to a report from the National Bureau of … Continue reading Experts express concern over elevated informal employment rate
The acting Governor of the Central Bank of Nigeria, Folashodun Shonubi, has expressed the bank’s commitment to tackle the mounting demand pressure on the country’s exchange rate as the naira continues to depreciate against the dollar. Shonubi made these assurances … Continue reading CBN commits to addressing forex pressure, raises lending rate
E- drivers in Nigeria, organized under the Amalgamated Union Of App-Based Transport Workers Of Nigeria (AUATWON), have initiated a strike to protest against low fares and high commission rates imposed by Uber and Bolt, the country’s leading ride-hailing service providers. … Continue reading Bolt and Uber drivers commence strike over low fares and 25% commission rate
AGS NEWS 