To avoid high and multiple taxes at Nigerian ports, more importers are shifting their businesses to neighboring West African countries like Togo, …
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Africa
Africa: Nigerian Importers Abandon Cargoes at The Ports Due to CBN’s Frequent Exchange Rate Adjustments
by Atqnewsby AtqnewsDue to the Central Bank of Nigeria’s frequent reviews of the nation’s exchange rate, which recently escalated to N1,413.62/$1 from N1,356.883/$1, importers …