Forex Rate: Manufacturers, Importers, Others Bemoan High Costs   Importers, clearing agents and manufactures have cried out over the high foreign exchange (forex) rate in the country. It was in June, this year that the Central Bank of Nigeria (CBN) unified exchange rate windows to maintain Naira...

MAN Tasks Exporters On AfCFTA As Nigeria's Absence Sparks Reaction   The Manufacturers Association of Nigeria Export Promotion Group (MANEG), a subgroup of the Manufacturers Association of Nigeria (MAN), has urged exporters in the country to fully participate in the African Continental Free Trade Agreement (AfCFTA)...

Emefiele Says Exporters Got N20bn Rebate From RT200FX   The Governor, Central Bank of Nigeria, Godwin Emefiele, has said that the bank paid eligible exporters over N20bn rebates in the second quarter of implementing the RT200 FX programme for exports worth $600m. He disclosed this during a...

Exporters Seek NASS Intervention In N375bn Grant Approval   The Organised Private Sector Exporters Association has appealed to the National Assembly to urgently ratify the approval of the N375bn by the Federal Government on the backlog of the Export Expansion Grants for exporters. The N375bn is the...

Forex: CBN Asks Exporters To Repatriate Proceeds The Central Bank Governor, Godwin Emefiele, has urged exporters to repatriate export proceeds in order to boost foreign exchange inflow in the country. He spoke while making a presentation at Zenith’s Bank’s 2021 export seminar on Tuesday. Emefiele...

Exporters, Importers’ Woes Worsening At Ports - LCCI       Port operations at Apapa and Tincan ports have worsened the plight of many importers, exporters, traders, and manufacturers as movement in and out of the ports remain a challenge, the Lagos Chamber of Commerce and Industry said...